YEARLY HIGH
0.0799 RON
YEARLY LOW
0.0738 RON
YEARLY AVERAGE
0.0774 RON

2024 DOP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0799. Conversely, the yearly low was recorded on September 28, dropping to 0.0738.

This high-to-low spread represents a total annual volatility of 0.0061 RON. From a start-to-finish perspective, comparing the January average rate of 0.0778 to the December average rate of 0.0783, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0799 was down 6.46% compared to the 2023 peak of 0.0854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 399 RON
2023 Average 409 RON
Yearly Trough Low 369 RON
Transaction Impact: A difference of 30.52 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0791
0.0742
JanuMarcMayJulySeptNove

DOP 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 0.0782, compared to 0.0766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0782
H2 Avg (Jul–Dec) 0.0766

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0041 RON (High: 0.0793 / Low: 0.0752). On the other end, January was the most stable month, with a tight range of 0.0013 RON (High: 0.0785 / Low: 0.0772).

November Spread (Volatile) ±0.0041
January Spread (Stable) ±0.0013

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 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0787) against the same month in 2023 (average: 0.0835), the exchange rate shifted by -0.0048 (-5.79%).

2024 Avg (May) 0.0787
2023 Avg (May) 0.0835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0785 0.0772 0.0778
February 0.0793 0.0778 0.0785
March 0.0783 0.0768 0.0775
April 0.0797 0.0772 0.0785
May 0.0799 0.0775 0.0787
June 0.0790 0.0770 0.0781
July 0.0784 0.0770 0.0775
August 0.0776 0.0743 0.0758
September 0.0755 0.0738 0.0746
October 0.0765 0.0744 0.0757
November 0.0793 0.0752 0.0776
December 0.0790 0.0776 0.0783