YEARLY HIGH
0.0690 RON
YEARLY LOW
0.0627 RON
YEARLY AVERAGE
0.0669 RON

2024 GMD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0690. Conversely, the yearly low was recorded on August 27, dropping to 0.0627.

This high-to-low spread represents a total annual volatility of 0.0063 RON. From a start-to-finish perspective, comparing the January average rate of 0.0678 to the December average rate of 0.0662, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0690 was down 11.43% compared to the 2023 peak of 0.0780, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 345 RON
2023 Average 368 RON
Yearly Trough Low 314 RON
Transaction Impact: A difference of 31.58 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0687
0.0640
JanuMarcMayJulySeptNove

GMD 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 0.0680, compared to 0.0658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0680
H2 Avg (Jul–Dec) 0.0658

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0041 RON (High: 0.0668 / Low: 0.0627). On the other end, March was the most stable month, with a tight range of 0.0011 RON (High: 0.0679 / Low: 0.0668).

August Spread (Volatile) ±0.0041
March Spread (Stable) ±0.0011

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 0.0029 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0683) against the same month in 2023 (average: 0.0728), the exchange rate shifted by -0.0045 (-6.17%).

2024 Avg (April) 0.0683
2023 Avg (April) 0.0728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0683 0.0669 0.0678
February 0.0687 0.0675 0.0682
March 0.0679 0.0668 0.0673
April 0.0690 0.0673 0.0683
May 0.0685 0.0674 0.0679
June 0.0688 0.0673 0.0683
July 0.0684 0.0661 0.0676
August 0.0668 0.0627 0.0647
September 0.0653 0.0632 0.0644
October 0.0672 0.0644 0.0659
November 0.0673 0.0636 0.0659
December 0.0668 0.0654 0.0662