YEARLY HIGH
0.6599 RON
YEARLY LOW
0.6242 RON
YEARLY AVERAGE
0.6407 RON

2024 CNY to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.6599. Conversely, the yearly low was recorded on August 24, dropping to 0.6242.

This high-to-low spread represents a total annual volatility of 0.0357 RON. From a start-to-finish perspective, comparing the January average rate of 0.6413 to the December average rate of 0.6524, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6599 was down 3.12% compared to the 2023 peak of 0.6811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 16,496 RON
2023 Average 16,173 RON
Yearly Trough Low 15,605 RON
Transaction Impact: A difference of 891.85 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6545
0.6294
JanuMarcMayJulySeptNove

CNY 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 0.6410, compared to 0.6405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.6410
H2 Avg (Jul–Dec) 0.6405

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0250 RON (High: 0.6575 / Low: 0.6325). On the other end, September was the most stable month, with a tight range of 0.0066 RON (High: 0.6367 / Low: 0.6300).

April Spread (Volatile) ±0.0250
September Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0095 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.6502) against the same month in 2023 (average: 0.6377), the exchange rate shifted by +0.0125 (+1.95%).

2024 Avg (November) 0.6502
2023 Avg (November) 0.6377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6484 0.6318 0.6413
February 0.6509 0.6364 0.6439
March 0.6411 0.6309 0.6356
April 0.6575 0.6325 0.6419
May 0.6536 0.6325 0.6422
June 0.6540 0.6299 0.6409
July 0.6384 0.6258 0.6315
August 0.6389 0.6242 0.6319
September 0.6367 0.6300 0.6330
October 0.6475 0.6396 0.6441
November 0.6599 0.6406 0.6502
December 0.6596 0.6469 0.6524