2024 BZD to RON Historical Review

YEARLY HIGH

2.3929 RON

YEARLY LOW

2.2050 RON

YEARLY AVERAGE

2.2823 RON

2024 BZD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.3929. Conversely, the yearly low was recorded on August 24, dropping to 2.2050.

This high-to-low spread represents a total annual volatility of 0.1879 RON. From a start-to-finish perspective, comparing the January average rate of 2.2627 to the December average rate of 2.3610, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3929 was up 1.53% compared to the 2023 peak of 2.3568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,964 RON

2023 Average 11,352 RON

Yearly Trough Low 11,025 RON

Transaction Impact: A difference of 939.36 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3750

2.2074

JanuMarcMayJulySeptNove

BZD 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 2.2834, compared to 2.2811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 2.2834

H2 Avg (Jul–Dec) 2.2811

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1149 RON (High: 2.3717 / Low: 2.2568). On the other end, September was the most stable month, with a tight range of 0.0366 RON (High: 2.2417 / Low: 2.2051).

November Spread (Volatile) ±0.1149

September Spread (Stable) ±0.0366

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 0.0319 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.3610) against the same month in 2023 (average: 2.2557), the exchange rate shifted by +0.1053 (+4.67%).

2024 Avg (December) 2.3610

2023 Avg (December) 2.2557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2889	2.2286	2.2627
February	2.3055	2.2645	2.2862
March	2.2923	2.2516	2.2705
April	2.3250	2.2700	2.3027
May	2.3038	2.2667	2.2840
June	2.3139	2.2646	2.2945
July	2.2995	2.2550	2.2741
August	2.2903	2.2050	2.2422
September	2.2417	2.2051	2.2213
October	2.2895	2.2330	2.2639
November	2.3717	2.2568	2.3239
December	2.3929	2.3305	2.3610