2024 ISK to RON Historical Review

YEARLY HIGH

0.0346 RON

YEARLY LOW

0.0324 RON

YEARLY AVERAGE

0.0333 RON

2024 ISK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0346. Conversely, the yearly low was recorded on September 4, dropping to 0.0324.

This high-to-low spread represents a total annual volatility of 0.0022 RON. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0343, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0346 was down 0.58% compared to the 2023 peak of 0.0348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173 RON

2023 Average 166 RON

Yearly Trough Low 162 RON

Transaction Impact: A difference of 10.94 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0344

0.0326

JanuMarcMayJulySeptNove

ISK 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 0.0333, compared to 0.0334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0334

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0010 RON (High: 0.0344 / Low: 0.0334). On the other end, July was the most stable month, with a tight range of 0.0002 RON (High: 0.0334 / Low: 0.0332).

November Spread (Volatile) ±0.0010

July Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0343) against the same month in 2023 (average: 0.0330), the exchange rate shifted by +0.0012 (+3.74%).

2024 Avg (December) 0.0343

2023 Avg (December) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0338	0.0330	0.0333
February	0.0336	0.0332	0.0335
March	0.0336	0.0331	0.0333
April	0.0333	0.0330	0.0331
May	0.0335	0.0331	0.0332
June	0.0335	0.0332	0.0333
July	0.0334	0.0332	0.0333
August	0.0332	0.0325	0.0328
September	0.0331	0.0324	0.0327
October	0.0335	0.0332	0.0334
November	0.0344	0.0334	0.0339
December	0.0346	0.0340	0.0343