2024 BGN to RON Historical Review

YEARLY HIGH

2.5554 RON

YEARLY LOW

2.5317 RON

YEARLY AVERAGE

2.5439 RON

2024 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2.5554. Conversely, the yearly low was recorded on September 19, dropping to 2.5317.

This high-to-low spread represents a total annual volatility of 0.0237 RON. From a start-to-finish perspective, comparing the January average rate of 2.5434 to the December average rate of 2.5439, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5554 was up 0.12% compared to the 2023 peak of 2.5523, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 12,777 RON

2023 Average 12,649 RON

Yearly Trough Low 12,658 RON

Transaction Impact: A difference of 118.42 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5457

2.5419

JanuMarcMayJulySeptNove

BGN to RON Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.5437, compared to 2.5440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 2.5437

H2 Avg (Jul–Dec) 2.5440

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0229 RON (High: 2.5546 / Low: 2.5317). On the other end, August was the most stable month, with a tight range of 0.0081 RON (High: 2.5503 / Low: 2.5421).

September Spread (Volatile) ±0.0229

August Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.5422) against the same month in 2023 (average: 2.5198), the exchange rate shifted by +0.0224 (+0.89%).

2024 Avg (March) 2.5422

2023 Avg (March) 2.5198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5487	2.5393	2.5434
February	2.5468	2.5373	2.5435
March	2.5554	2.5355	2.5422
April	2.5525	2.5388	2.5439
May	2.5492	2.5332	2.5441
June	2.5528	2.5402	2.5451
July	2.5483	2.5383	2.5426
August	2.5503	2.5421	2.5449
September	2.5546	2.5317	2.5435
October	2.5476	2.5380	2.5439
November	2.5545	2.5414	2.5454
December	2.5538	2.5375	2.5439