2024 MVR to RON Historical Review

YEARLY HIGH

0.3208 RON

YEARLY LOW

0.2893 RON

YEARLY AVERAGE

0.2986 RON

2024 MVR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.3208. Conversely, the yearly low was recorded on August 21, dropping to 0.2893.

This high-to-low spread represents a total annual volatility of 0.0316 RON. From a start-to-finish perspective, comparing the January average rate of 0.2961 to the December average rate of 0.3083, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3208 was up 3.76% compared to the 2023 peak of 0.3092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,604 RON

2023 Average 1,488 RON

Yearly Trough Low 1,446 RON

Transaction Impact: A difference of 157.93 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3100

0.2900

JanuMarcMayJulySeptNove

MVR 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 0.2985, compared to 0.2987 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) 0.2985

H2 Avg (Jul–Dec) 0.2987

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0251 RON (High: 0.3208 / Low: 0.2957). On the other end, September was the most stable month, with a tight range of 0.0046 RON (High: 0.2941 / Low: 0.2895).

May Spread (Volatile) ±0.0251

September Spread (Stable) ±0.0046

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 July and August, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2984) against the same month in 2023 (average: 0.2969), the exchange rate shifted by +0.0015 (+0.51%).

2024 Avg (May) 0.2984

2023 Avg (May) 0.2969

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2989	0.2925	0.2961
February	0.3028	0.2969	0.2994
March	0.2982	0.2920	0.2964
April	0.3032	0.2960	0.3002
May	0.3208	0.2957	0.2984
June	0.3042	0.2962	0.3004
July	0.3010	0.2948	0.2976
August	0.3005	0.2893	0.2936
September	0.2941	0.2895	0.2916
October	0.3006	0.2928	0.2974
November	0.3091	0.2953	0.3035
December	0.3121	0.3047	0.3083