YEARLY HIGH
0.0266 RON
YEARLY LOW
0.0222 RON
YEARLY AVERAGE
0.0241 RON

2024 LRD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0266. Conversely, the yearly low was recorded on September 20, dropping to 0.0222.

This high-to-low spread represents a total annual volatility of 0.0043 RON. From a start-to-finish perspective, comparing the January average rate of 0.0241 to the December average rate of 0.0263, the exchange rate registered a net change of 9.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0266 was down 12.55% compared to the 2023 peak of 0.0304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 133 RON
2023 Average 132 RON
Yearly Trough Low 111 RON
Transaction Impact: A difference of 21.55 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0266
0.0226
JanuMarcMayJulySeptNove

LRD 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 0.0240, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0240
H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0028 RON (High: 0.0265 / Low: 0.0238). On the other end, January was the most stable month, with a tight range of 0.0003 RON (High: 0.0242 / Low: 0.0239).

November Spread (Volatile) ±0.0028
January Spread (Stable) ±0.0003

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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0263) against the same month in 2023 (average: 0.0242), the exchange rate shifted by +0.0021 (+8.79%).

2024 Avg (December) 0.0263
2023 Avg (December) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0242 0.0239 0.0241
February 0.0244 0.0240 0.0242
March 0.0239 0.0236 0.0238
April 0.0249 0.0237 0.0241
May 0.0240 0.0236 0.0238
June 0.0240 0.0235 0.0238
July 0.0238 0.0233 0.0235
August 0.0236 0.0228 0.0231
September 0.0232 0.0222 0.0229
October 0.0240 0.0232 0.0237
November 0.0265 0.0238 0.0253
December 0.0266 0.0261 0.0263