YEARLY HIGH
0.1306 RON
YEARLY LOW
0.1208 RON
YEARLY AVERAGE
0.1250 RON

2024 NIO to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1306. Conversely, the yearly low was recorded on August 24, dropping to 0.1208.

This high-to-low spread represents a total annual volatility of 0.0098 RON. From a start-to-finish perspective, comparing the January average rate of 0.1244 to the December average rate of 0.1291, the exchange rate registered a net change of 3.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1306 was up 0.63% compared to the 2023 peak of 0.1298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 653 RON
2023 Average 626 RON
Yearly Trough Low 604 RON
Transaction Impact: A difference of 48.94 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1299
0.1209
JanuMarcMayJulySeptNove

NIO 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 0.1252, compared to 0.1249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1252
H2 Avg (Jul–Dec) 0.1249

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0063 RON (High: 0.1300 / Low: 0.1236). On the other end, September was the most stable month, with a tight range of 0.0019 RON (High: 0.1228 / Low: 0.1208).

November Spread (Volatile) ±0.0063
September Spread (Stable) ±0.0019

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 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1291) against the same month in 2023 (average: 0.1241), the exchange rate shifted by +0.0050 (+4.04%).

2024 Avg (December) 0.1291
2023 Avg (December) 0.1241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1257 0.1227 0.1244
February 0.1263 0.1244 0.1253
March 0.1255 0.1233 0.1244
April 0.1274 0.1243 0.1260
May 0.1264 0.1241 0.1251
June 0.1267 0.1241 0.1257
July 0.1259 0.1235 0.1245
August 0.1253 0.1208 0.1227
September 0.1228 0.1208 0.1217
October 0.1254 0.1223 0.1240
November 0.1300 0.1236 0.1273
December 0.1306 0.1277 0.1291