2024 MYR to RON Historical Review

YEARLY HIGH

1.0835 RON

YEARLY LOW

0.9581 RON

YEARLY AVERAGE

1.0066 RON

2024 MYR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1.0835. Conversely, the yearly low was recorded on February 27, dropping to 0.9581.

This high-to-low spread represents a total annual volatility of 0.1254 RON. From a start-to-finish perspective, comparing the January average rate of 0.9740 to the December average rate of 1.0649, the exchange rate registered a net change of 9.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0835 was up 1.25% compared to the 2023 peak of 1.0701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 21,669 RON

2023 Average 20,074 RON

Yearly Trough Low 19,161 RON

Transaction Impact: A difference of 2,508.23 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0747

0.9572

JanuMarcMayJulySeptNove

MYR 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 0.9736, compared to 1.0397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0661 points.

H1 Avg (Jan–Jun) 0.9736

H2 Avg (Jul–Dec) 1.0397

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0529 RON (High: 1.0835 / Low: 1.0305). On the other end, May was the most stable month, with a tight range of 0.0089 RON (High: 0.9795 / Low: 0.9706).

September Spread (Volatile) ±0.0529

May Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0070 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.0517) against the same month in 2023 (average: 0.9938), the exchange rate shifted by +0.0579 (+5.83%).

2024 Avg (September) 1.0517

2023 Avg (September) 0.9938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9872	0.9672	0.9740
February	0.9766	0.9581	0.9670
March	0.9752	0.9588	0.9695
April	0.9809	0.9624	0.9737
May	0.9795	0.9706	0.9757
June	0.9888	0.9692	0.9819
July	1.0005	0.9713	0.9788
August	1.0425	1.0095	1.0230
September	1.0835	1.0305	1.0517
October	1.0799	1.0453	1.0627
November	1.0697	1.0464	1.0570
December	1.0750	1.0585	1.0649