2024 PHP to RON Historical Review

YEARLY HIGH

0.0828 RON

YEARLY LOW

0.0776 RON

YEARLY AVERAGE

0.0803 RON

2024 PHP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0828. Conversely, the yearly low was recorded on June 4, dropping to 0.0776.

This high-to-low spread represents a total annual volatility of 0.0052 RON. From a start-to-finish perspective, comparing the January average rate of 0.0815 to the December average rate of 0.0813, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0828 was down 2.49% compared to the 2023 peak of 0.0849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 20,689 RON

2023 Average 20,562 RON

Yearly Trough Low 19,401 RON

Transaction Impact: A difference of 1,288.88 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0827

0.0780

JanuMarcMayJulySeptNove

PHP 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 0.0809, compared to 0.0797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0809

H2 Avg (Jul–Dec) 0.0797

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0031 RON (High: 0.0811 / Low: 0.0779). On the other end, July was the most stable month, with a tight range of 0.0009 RON (High: 0.0789 / Low: 0.0780).

November Spread (Volatile) ±0.0031

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and September, 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 April and May, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0823) against the same month in 2023 (average: 0.0836), the exchange rate shifted by -0.0014 (-1.62%).

2024 Avg (February) 0.0823

2023 Avg (February) 0.0836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0820	0.0807	0.0815
February	0.0828	0.0815	0.0823
March	0.0823	0.0811	0.0818
April	0.0826	0.0803	0.0813
May	0.0810	0.0784	0.0797
June	0.0795	0.0776	0.0788
July	0.0789	0.0780	0.0784
August	0.0801	0.0786	0.0793
September	0.0804	0.0794	0.0799
October	0.0806	0.0784	0.0795
November	0.0811	0.0779	0.0798
December	0.0826	0.0803	0.0813