2024 HKD to RON Historical Review

YEARLY HIGH

0.6188 RON

YEARLY LOW

0.5703 RON

YEARLY AVERAGE

0.5894 RON

2024 HKD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6188. Conversely, the yearly low was recorded on August 24, dropping to 0.5703.

This high-to-low spread represents a total annual volatility of 0.0485 RON. From a start-to-finish perspective, comparing the January average rate of 0.5834 to the December average rate of 0.6111, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6188 was up 1.99% compared to the 2023 peak of 0.6067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 15,470 RON

2023 Average 14,606 RON

Yearly Trough Low 14,257 RON

Transaction Impact: A difference of 1,213.58 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6148

0.5712

JanuMarcMayJulySeptNove

HKD 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 0.5885, compared to 0.5903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.5885

H2 Avg (Jul–Dec) 0.5903

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0286 RON (High: 0.6140 / Low: 0.5854). On the other end, September was the most stable month, with a tight range of 0.0082 RON (High: 0.5793 / Low: 0.5711).

November Spread (Volatile) ±0.0286

September Spread (Stable) ±0.0082

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 0.0076 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6111) against the same month in 2023 (average: 0.5828), the exchange rate shifted by +0.0283 (+4.86%).

2024 Avg (December) 0.6111

2023 Avg (December) 0.5828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5891	0.5768	0.5834
February	0.5943	0.5846	0.5893
March	0.5887	0.5799	0.5846
April	0.5981	0.5840	0.5925
May	0.5935	0.5851	0.5892
June	0.5968	0.5834	0.5922
July	0.5933	0.5820	0.5867
August	0.5903	0.5703	0.5792
September	0.5793	0.5711	0.5748
October	0.5939	0.5786	0.5877
November	0.6140	0.5854	0.6022
December	0.6188	0.6042	0.6111