YEARLY HIGH
0.2656 RON
YEARLY LOW
0.2547 RON
YEARLY AVERAGE
0.2594 RON

2024 MDL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.2656. Conversely, the yearly low was recorded on August 28, dropping to 0.2547.

This high-to-low spread represents a total annual volatility of 0.0109 RON. From a start-to-finish perspective, comparing the January average rate of 0.2588 to the December average rate of 0.2593, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2656 was up 1.19% compared to the 2023 peak of 0.2625, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,328 RON
2023 Average 1,264 RON
Yearly Trough Low 1,274 RON
Transaction Impact: A difference of 54.32 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2622
0.2573
JanuMarcMayJulySeptNove

MDL 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 0.2600, compared to 0.2587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.2600
H2 Avg (Jul–Dec) 0.2587

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0066 RON (High: 0.2626 / Low: 0.2560). On the other end, July was the most stable month, with a tight range of 0.0034 RON (High: 0.2607 / Low: 0.2573).

January Spread (Volatile) ±0.0066
July Spread (Stable) ±0.0034

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 June and July, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2618) against the same month in 2023 (average: 0.2497), the exchange rate shifted by +0.0121 (+4.84%).

2024 Avg (April) 0.2618
2023 Avg (April) 0.2497

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2626 0.2560 0.2588
February 0.2623 0.2570 0.2589
March 0.2617 0.2568 0.2591
April 0.2656 0.2594 0.2618
May 0.2635 0.2582 0.2606
June 0.2627 0.2592 0.2610
July 0.2607 0.2573 0.2588
August 0.2607 0.2547 0.2583
September 0.2604 0.2554 0.2577
October 0.2606 0.2561 0.2582
November 0.2624 0.2560 0.2596
December 0.2626 0.2562 0.2593