2024 BOB to RON Historical Review

YEARLY HIGH

0.6956 RON

YEARLY LOW

0.6432 RON

YEARLY AVERAGE

0.6653 RON

2024 BOB to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.6956. Conversely, the yearly low was recorded on September 24, dropping to 0.6432.

This high-to-low spread represents a total annual volatility of 0.0524 RON. From a start-to-finish perspective, comparing the January average rate of 0.6601 to the December average rate of 0.6875, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6956 was up 1.18% compared to the 2023 peak of 0.6875, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,478 RON

2023 Average 3,311 RON

Yearly Trough Low 3,216 RON

Transaction Impact: A difference of 261.77 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6915

0.6438

JanuMarcMayJulySeptNove

BOB 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 0.6657, compared to 0.6649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.6657

H2 Avg (Jul–Dec) 0.6649

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0336 RON (High: 0.6918 / Low: 0.6583). On the other end, September was the most stable month, with a tight range of 0.0107 RON (High: 0.6539 / Low: 0.6432).

November Spread (Volatile) ±0.0336

September Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6875) against the same month in 2023 (average: 0.6580), the exchange rate shifted by +0.0296 (+4.49%).

2024 Avg (December) 0.6875

2023 Avg (December) 0.6580

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6676	0.6501	0.6601
February	0.6725	0.6605	0.6668
March	0.6687	0.6544	0.6620
April	0.6780	0.6621	0.6704
May	0.6720	0.6612	0.6660
June	0.6754	0.6606	0.6693
July	0.6708	0.6578	0.6633
August	0.6681	0.6433	0.6540
September	0.6539	0.6432	0.6478
October	0.6679	0.6514	0.6599
November	0.6918	0.6583	0.6771
December	0.6956	0.6798	0.6875