YEARLY HIGH
0.0553 RON
YEARLY LOW
0.0506 RON
YEARLY AVERAGE
0.0528 RON

2024 KGS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0553. Conversely, the yearly low was recorded on January 1, dropping to 0.0506.

This high-to-low spread represents a total annual volatility of 0.0047 RON. From a start-to-finish perspective, comparing the January average rate of 0.0511 to the December average rate of 0.0547, the exchange rate registered a net change of 6.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0553 was down 0.88% compared to the 2023 peak of 0.0557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 276 RON
2023 Average 260 RON
Yearly Trough Low 253 RON
Transaction Impact: A difference of 23.43 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0550
0.0507
JanuMarcMayJulySeptNove

KGS 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 0.0519, compared to 0.0537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0519
H2 Avg (Jul–Dec) 0.0537

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0029 RON (High: 0.0549 / Low: 0.0520). On the other end, October was the most stable month, with a tight range of 0.0008 RON (High: 0.0540 / Low: 0.0532).

August Spread (Volatile) ±0.0029
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0543) against the same month in 2023 (average: 0.0515), the exchange rate shifted by +0.0027 (+5.29%).

2024 Avg (November) 0.0543
2023 Avg (November) 0.0515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0516 0.0506 0.0511
February 0.0520 0.0512 0.0515
March 0.0515 0.0507 0.0511
April 0.0526 0.0513 0.0521
May 0.0525 0.0517 0.0521
June 0.0539 0.0520 0.0531
July 0.0547 0.0534 0.0539
August 0.0549 0.0520 0.0530
September 0.0537 0.0528 0.0531
October 0.0540 0.0532 0.0535
November 0.0553 0.0528 0.0543
December 0.0553 0.0542 0.0547