2024 EGP to RON Historical Review

YEARLY HIGH

0.1504 RON

YEARLY LOW

0.0912 RON

YEARLY AVERAGE

0.1046 RON

2024 EGP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.1504. Conversely, the yearly low was recorded on August 23, dropping to 0.0912.

This high-to-low spread represents a total annual volatility of 0.0592 RON. From a start-to-finish perspective, comparing the January average rate of 0.1476 to the December average rate of 0.0940, the exchange rate registered a net change of -36.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1504 was down 20.32% compared to the 2023 peak of 0.1887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 752 RON

2023 Average 747 RON

Yearly Trough Low 456 RON

Transaction Impact: A difference of 295.98 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1548

0.0867

JanuMarcMayJulySeptNove

EGP 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 0.1154, compared to 0.0938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.1154

H2 Avg (Jul–Dec) 0.0938

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0566 RON (High: 0.1485 / Low: 0.0919). On the other end, October was the most stable month, with a tight range of 0.0016 RON (High: 0.0947 / Low: 0.0931).

March Spread (Volatile) ±0.0566

October Spread (Stable) ±0.0016

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 February and March, when the average rate fell by 0.0450 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1491) against the same month in 2023 (average: 0.1505), the exchange rate shifted by -0.0014 (-0.94%).

2024 Avg (February) 0.1491

2023 Avg (February) 0.1505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1490	0.1452	0.1476
February	0.1504	0.1476	0.1491
March	0.1485	0.0919	0.1041
April	0.0983	0.0961	0.0970
May	0.0982	0.0962	0.0973
June	0.0976	0.0960	0.0969
July	0.0961	0.0943	0.0951
August	0.0947	0.0912	0.0923
September	0.0934	0.0913	0.0924
October	0.0947	0.0931	0.0940
November	0.0968	0.0926	0.0949
December	0.0953	0.0931	0.0940