2024 GTQ to RON Historical Review

YEARLY HIGH

0.6239 RON

YEARLY LOW

0.5739 RON

YEARLY AVERAGE

0.5925 RON

2024 GTQ to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.6239. Conversely, the yearly low was recorded on August 24, dropping to 0.5739.

This high-to-low spread represents a total annual volatility of 0.0500 RON. From a start-to-finish perspective, comparing the January average rate of 0.5833 to the December average rate of 0.6165, the exchange rate registered a net change of 5.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6239 was up 3.19% compared to the 2023 peak of 0.6046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,120 RON

2023 Average 2,921 RON

Yearly Trough Low 2,870 RON

Transaction Impact: A difference of 249.86 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6202

0.5752

JanuMarcMayJulySeptNove

GTQ 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 0.5907, compared to 0.5943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.5907

H2 Avg (Jul–Dec) 0.5943

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0299 RON (High: 0.6193 / Low: 0.5894). On the other end, May was the most stable month, with a tight range of 0.0093 RON (High: 0.5974 / Low: 0.5881).

November Spread (Volatile) ±0.0299

May Spread (Stable) ±0.0093

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 0.0071 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6165) against the same month in 2023 (average: 0.5811), the exchange rate shifted by +0.0354 (+6.08%).

2024 Avg (December) 0.6165

2023 Avg (December) 0.5811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5911	0.5742	0.5833
February	0.5952	0.5842	0.5901
March	0.5924	0.5811	0.5864
April	0.6025	0.5875	0.5964
May	0.5974	0.5881	0.5925
June	0.6014	0.5876	0.5955
July	0.5965	0.5861	0.5905
August	0.5957	0.5739	0.5834
September	0.5845	0.5750	0.5789
October	0.5968	0.5822	0.5901
November	0.6193	0.5894	0.6066
December	0.6239	0.6090	0.6165