2024 RON to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 21.0238. Conversely, the yearly low was recorded on November 23, dropping to 19.4739.
This high-to-low spread represents a total annual volatility of 1.5500 ALL. From a start-to-finish perspective, comparing the January average rate of 20.8777 to the December average rate of 19.7533, the exchange rate registered a net change of -5.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 21.0238 was down 12.50% compared to the 2023 peak of 24.0262, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 20.5546, compared to 19.9212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6334 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 0.6225 ALL (High: 20.7364 / Low: 20.1139). On the other end, October was the most stable month, with a tight range of 0.0943 ALL (High: 19.8685 / Low: 19.7742).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4044 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 20.8777) against the same month in 2023 (average: 23.6298), the exchange rate shifted by -2.7521 (-11.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.0238 | 20.7335 | 20.8777 |
| February | 20.9708 | 20.7614 | 20.8754 |
| March | 20.9380 | 20.5431 | 20.8005 |
| April | 20.7364 | 20.1139 | 20.3960 |
| May | 20.3335 | 20.1205 | 20.2098 |
| June | 20.3070 | 20.0261 | 20.1682 |
| July | 20.2424 | 20.1148 | 20.1793 |
| August | 20.1743 | 19.9774 | 20.0959 |
| September | 20.0865 | 19.7599 | 19.9783 |
| October | 19.8685 | 19.7742 | 19.8281 |
| November | 19.8754 | 19.4739 | 19.6925 |
| December | 19.8834 | 19.4992 | 19.7533 |