YEARLY HIGH
1.1699 RON
YEARLY LOW
0.9777 RON
YEARLY AVERAGE
1.1551 RON

2024 PLN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 1.1699. Conversely, the yearly low was recorded on January 1, dropping to 0.9777.

This high-to-low spread represents a total annual volatility of 0.1922 RON. From a start-to-finish perspective, comparing the January average rate of 1.1353 to the December average rate of 1.1652, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1699 was up 1.22% compared to the 2023 peak of 1.1558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,399 RON
2023 Average 21,815 RON
Yearly Trough Low 19,555 RON
Transaction Impact: A difference of 3,843.95 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1682
1.1323
JanuMarcMayJulySeptNove

PLN 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 1.1515, compared to 1.1587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 1.1515
H2 Avg (Jul–Dec) 1.1587

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1714 RON (High: 1.1492 / Low: 0.9777). On the other end, September was the most stable month, with a tight range of 0.0098 RON (High: 1.1694 / Low: 1.1596).

January Spread (Volatile) ±0.1714
September Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 0.0106 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1.1618) against the same month in 2023 (average: 1.0903), the exchange rate shifted by +0.0715 (+6.56%).

2024 Avg (May) 1.1618
2023 Avg (May) 1.0903

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1492 0.9777 1.1353
February 1.1555 1.1445 1.1503
March 1.1603 1.1501 1.1542
April 1.1663 1.1392 1.1559
May 1.1699 1.1486 1.1618
June 1.1654 1.1364 1.1518
July 1.1684 1.1528 1.1617
August 1.1685 1.1509 1.1602
September 1.1694 1.1596 1.1632
October 1.1603 1.1420 1.1526
November 1.1582 1.1400 1.1491
December 1.1690 1.1550 1.1652