2024 ETB to RON Historical Review

YEARLY HIGH

0.0824 RON

YEARLY LOW

0.0371 RON

YEARLY AVERAGE

0.0634 RON

2024 ETB to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0824. Conversely, the yearly low was recorded on December 7, dropping to 0.0371.

This high-to-low spread represents a total annual volatility of 0.0453 RON. From a start-to-finish perspective, comparing the January average rate of 0.0808 to the December average rate of 0.0375, the exchange rate registered a net change of -53.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0824 was down 5.67% compared to the 2023 peak of 0.0873, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 412 RON

2023 Average 418 RON

Yearly Trough Low 185 RON

Transaction Impact: A difference of 226.70 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0859

0.0331

JanuMarcMayJulySeptNove

ETB 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 0.0808, compared to 0.0460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0349 points.

H1 Avg (Jan–Jun) 0.0808

H2 Avg (Jul–Dec) 0.0460

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0198 RON (High: 0.0807 / Low: 0.0609). On the other end, October was the most stable month, with a tight range of 0.0014 RON (High: 0.0386 / Low: 0.0373).

July Spread (Volatile) ±0.0198

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0344 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0815) against the same month in 2023 (average: 0.0831), the exchange rate shifted by -0.0016 (-1.93%).

2024 Avg (April) 0.0815

2023 Avg (April) 0.0831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0819	0.0798	0.0808
February	0.0823	0.0806	0.0814
March	0.0817	0.0799	0.0806
April	0.0824	0.0804	0.0815
May	0.0812	0.0796	0.0803
June	0.0815	0.0794	0.0804
July	0.0807	0.0609	0.0788
August	0.0585	0.0395	0.0445
September	0.0408	0.0372	0.0388
October	0.0386	0.0373	0.0379
November	0.0390	0.0373	0.0382
December	0.0385	0.0371	0.0375