YEARLY HIGH
0.0095 RON
YEARLY LOW
0.0084 RON
YEARLY AVERAGE
0.0089 RON

2024 CRC to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0095. Conversely, the yearly low was recorded on August 27, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0011 RON. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0094, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0095 was up 7.34% compared to the 2023 peak of 0.0089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48 RON
2023 Average 42 RON
Yearly Trough Low 42 RON
Transaction Impact: A difference of 5.57 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0095
0.0085
JanuMarcMayJulySeptNove

CRC 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 0.0090, compared to 0.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0090
H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0005 RON (High: 0.0094 / Low: 0.0089). On the other end, February was the most stable month, with a tight range of 0.0001 RON (High: 0.0090 / Low: 0.0089).

November Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0094) against the same month in 2023 (average: 0.0087), the exchange rate shifted by +0.0007 (+8.37%).

2024 Avg (December) 0.0094
2023 Avg (December) 0.0087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0090 0.0086 0.0088
February 0.0090 0.0089 0.0089
March 0.0092 0.0089 0.0090
April 0.0094 0.0090 0.0092
May 0.0091 0.0088 0.0090
June 0.0089 0.0086 0.0088
July 0.0088 0.0086 0.0087
August 0.0088 0.0084 0.0086
September 0.0087 0.0085 0.0086
October 0.0090 0.0087 0.0088
November 0.0094 0.0089 0.0092
December 0.0095 0.0093 0.0094