2024 HNL to RON Historical Review

YEARLY HIGH

0.1898 RON

YEARLY LOW

0.1787 RON

YEARLY AVERAGE

0.1850 RON

2024 HNL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1898. Conversely, the yearly low was recorded on August 23, dropping to 0.1787.

This high-to-low spread represents a total annual volatility of 0.0110 RON. From a start-to-finish perspective, comparing the January average rate of 0.1847 to the December average rate of 0.1874, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1898 was down 0.92% compared to the 2023 peak of 0.1915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 949 RON

2023 Average 927 RON

Yearly Trough Low 894 RON

Transaction Impact: A difference of 55.13 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1886

0.1796

JanuMarcMayJulySeptNove

HNL 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 0.1861, compared to 0.1839 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) 0.1861

H2 Avg (Jul–Dec) 0.1839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0081 RON (High: 0.1893 / Low: 0.1812). On the other end, February was the most stable month, with a tight range of 0.0031 RON (High: 0.1880 / Low: 0.1849).

November Spread (Volatile) ±0.0081

February Spread (Stable) ±0.0031

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 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1878) against the same month in 2023 (average: 0.1832), the exchange rate shifted by +0.0046 (+2.52%).

2024 Avg (April) 0.1878

2023 Avg (April) 0.1832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1864	0.1821	0.1847
February	0.1880	0.1849	0.1864
March	0.1871	0.1832	0.1850
April	0.1898	0.1851	0.1878
May	0.1876	0.1845	0.1860
June	0.1887	0.1840	0.1866
July	0.1872	0.1834	0.1850
August	0.1859	0.1787	0.1822
September	0.1819	0.1788	0.1803
October	0.1841	0.1806	0.1825
November	0.1893	0.1812	0.1860
December	0.1893	0.1855	0.1874