2024 PGK to RON Historical Review

YEARLY HIGH

1.2406 RON

YEARLY LOW

1.1195 RON

YEARLY AVERAGE

1.1821 RON

2024 PGK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.2406. Conversely, the yearly low was recorded on September 25, dropping to 1.1195.

This high-to-low spread represents a total annual volatility of 0.1210 RON. From a start-to-finish perspective, comparing the January average rate of 1.2215 to the December average rate of 1.1751, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2406 was down 6.73% compared to the 2023 peak of 1.3301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,203 RON

2023 Average 6,352 RON

Yearly Trough Low 5,598 RON

Transaction Impact: A difference of 605.23 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2307

1.1220

JanuMarcMayJulySeptNove

PGK 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 1.2064, compared to 1.1579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0486 points.

H1 Avg (Jan–Jun) 1.2064

H2 Avg (Jul–Dec) 1.1579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0531 RON (High: 1.1873 / Low: 1.1342). On the other end, May was the most stable month, with a tight range of 0.0263 RON (High: 1.2031 / Low: 1.1768).

November Spread (Volatile) ±0.0531

May Spread (Stable) ±0.0263

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 April and May, when the average rate fell by 0.0275 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.2215) against the same month in 2023 (average: 1.2967), the exchange rate shifted by -0.0752 (-5.80%).

2024 Avg (January) 1.2215

2023 Avg (January) 1.2967

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2406	1.1881	1.2215
February	1.2384	1.2049	1.2217
March	1.2290	1.1864	1.2042
April	1.2376	1.1953	1.2141
May	1.2031	1.1768	1.1867
June	1.2060	1.1728	1.1905
July	1.2037	1.1609	1.1753
August	1.1744	1.1272	1.1501
September	1.1474	1.1195	1.1310
October	1.1697	1.1254	1.1504
November	1.1873	1.1342	1.1652
December	1.1967	1.1627	1.1751