2024 CVE to RON Historical Review

YEARLY HIGH

0.0459 RON

YEARLY LOW

0.0445 RON

YEARLY AVERAGE

0.0451 RON

2024 CVE to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0459. Conversely, the yearly low was recorded on August 3, dropping to 0.0445.

This high-to-low spread represents a total annual volatility of 0.0014 RON. From a start-to-finish perspective, comparing the January average rate of 0.0451 to the December average rate of 0.0451, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0459 was up 0.86% compared to the 2023 peak of 0.0455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229 RON

2023 Average 224 RON

Yearly Trough Low 222 RON

Transaction Impact: A difference of 7.07 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0452

0.0450

JanuMarcMayJulySeptNove

CVE 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 0.0451, compared to 0.0451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0451

H2 Avg (Jul–Dec) 0.0451

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0011 RON (High: 0.0459 / Low: 0.0448). On the other end, October was the most stable month, with a tight range of 0.0004 RON (High: 0.0453 / Low: 0.0449).

April Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0452) against the same month in 2023 (average: 0.0447), the exchange rate shifted by +0.0004 (+0.98%).

2024 Avg (April) 0.0452

2023 Avg (April) 0.0447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0453	0.0448	0.0451
February	0.0454	0.0448	0.0451
March	0.0453	0.0446	0.0450
April	0.0459	0.0448	0.0452
May	0.0453	0.0446	0.0450
June	0.0453	0.0449	0.0451
July	0.0452	0.0447	0.0451
August	0.0452	0.0445	0.0450
September	0.0453	0.0448	0.0451
October	0.0453	0.0449	0.0451
November	0.0457	0.0448	0.0452
December	0.0458	0.0449	0.0451