YEARLY HIGH
0.0023 RON
YEARLY LOW
0.0014 RON
YEARLY AVERAGE
0.0022 RON

2024 MMK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0023. Conversely, the yearly low was recorded on July 21, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0009 RON. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0023, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0023 was up 1.29% compared to the 2023 peak of 0.0023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 RON
2023 Average 11 RON
Yearly Trough Low 7 RON
Transaction Impact: A difference of 4.43 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0023
0.0020
JanuMarcMayJulySeptNove

MMK 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 0.0022, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0008 RON (High: 0.0022 / Low: 0.0014). On the other end, September was the most stable month, with a tight range of 0.0000 RON (High: 0.0022 / Low: 0.0021).

July Spread (Volatile) ±0.0008
September Spread (Stable) ±0.0000

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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0023) against the same month in 2023 (average: 0.0022), the exchange rate shifted by +0.0001 (+4.58%).

2024 Avg (December) 0.0023
2023 Avg (December) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0022
February 0.0022 0.0022 0.0022
March 0.0022 0.0022 0.0022
April 0.0022 0.0022 0.0022
May 0.0022 0.0022 0.0022
June 0.0022 0.0019 0.0021
July 0.0022 0.0014 0.0020
August 0.0022 0.0021 0.0022
September 0.0022 0.0021 0.0021
October 0.0022 0.0021 0.0022
November 0.0023 0.0022 0.0022
December 0.0023 0.0022 0.0023