2024 KES to RON Historical Review

YEARLY HIGH

0.0372 RON

YEARLY LOW

0.0281 RON

YEARLY AVERAGE

0.0343 RON

2024 KES to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0372. Conversely, the yearly low was recorded on January 25, dropping to 0.0281.

This high-to-low spread represents a total annual volatility of 0.0091 RON. From a start-to-finish perspective, comparing the January average rate of 0.0285 to the December average rate of 0.0367, the exchange rate registered a net change of 28.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0372 was down 1.93% compared to the 2023 peak of 0.0379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186 RON

2023 Average 164 RON

Yearly Trough Low 140 RON

Transaction Impact: A difference of 45.62 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0376

0.0277

JanuMarcMayJulySeptNove

KES 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 0.0330, compared to 0.0356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0330

H2 Avg (Jul–Dec) 0.0356

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0043 RON (High: 0.0324 / Low: 0.0281). On the other end, September was the most stable month, with a tight range of 0.0005 RON (High: 0.0350 / Low: 0.0345).

February Spread (Volatile) ±0.0043

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0367) against the same month in 2023 (average: 0.0295), the exchange rate shifted by +0.0073 (+24.65%).

2024 Avg (December) 0.0367

2023 Avg (December) 0.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0291	0.0281	0.0285
February	0.0324	0.0281	0.0303
March	0.0349	0.0312	0.0333
April	0.0367	0.0346	0.0353
May	0.0357	0.0342	0.0350
June	0.0363	0.0350	0.0357
July	0.0360	0.0348	0.0355
August	0.0355	0.0345	0.0350
September	0.0350	0.0345	0.0347
October	0.0358	0.0349	0.0354
November	0.0370	0.0353	0.0362
December	0.0372	0.0363	0.0367