2024 NZD to RON Historical Review

YEARLY HIGH

2.8607 RON

YEARLY LOW

2.6852 RON

YEARLY AVERAGE

2.7816 RON

2024 NZD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 2.8607. Conversely, the yearly low was recorded on December 26, dropping to 2.6852.

This high-to-low spread represents a total annual volatility of 0.1754 RON. From a start-to-finish perspective, comparing the January average rate of 2.8156 to the December average rate of 2.7258, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8607 was down 3.25% compared to the 2023 peak of 2.9568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,303 RON

2023 Average 14,044 RON

Yearly Trough Low 13,426 RON

Transaction Impact: A difference of 877.11 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8481

2.7147

JanuMarcMayJulySeptNove

NZD 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 2.8019, compared to 2.7614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0405 points.

H1 Avg (Jan–Jun) 2.8019

H2 Avg (Jul–Dec) 2.7614

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1264 RON (High: 2.8226 / Low: 2.6962). On the other end, April was the most stable month, with a tight range of 0.0398 RON (High: 2.7815 / Low: 2.7417).

July Spread (Volatile) ±0.1264

April Spread (Stable) ±0.0398

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0724 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0724

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2.8370) against the same month in 2023 (average: 2.8073), the exchange rate shifted by +0.0297 (+1.06%).

2024 Avg (June) 2.8370

2023 Avg (June) 2.8073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8446	2.7786	2.8156
February	2.8502	2.7928	2.8244
March	2.8039	2.7471	2.7787
April	2.7815	2.7417	2.7621
May	2.8236	2.7549	2.7935
June	2.8607	2.8123	2.8370
July	2.8226	2.6962	2.7646
August	2.8138	2.7039	2.7479
September	2.8350	2.7631	2.7883
October	2.8246	2.7291	2.7743
November	2.8013	2.7331	2.7675
December	2.7890	2.6852	2.7258