YEARLY HIGH
0.4055 ANG
YEARLY LOW
0.3750 ANG
YEARLY AVERAGE
0.3919 ANG

2024 RON to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.4055. Conversely, the yearly low was recorded on December 31, dropping to 0.3750.

This high-to-low spread represents a total annual volatility of 0.0305 ANG. From a start-to-finish perspective, comparing the January average rate of 0.3952 to the December average rate of 0.3793, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4055 was down 1.04% compared to the 2023 peak of 0.4097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,027 ANG
2023 Average 1,970 ANG
Yearly Trough Low 1,875 ANG
Transaction Impact: A difference of 152.57 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4048
0.3769
JanuMarcMayJulySeptNove

RON to ANG 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 0.3916, compared to 0.3923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.3916
H2 Avg (Jul–Dec) 0.3923

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0192 ANG (High: 0.3962 / Low: 0.3770). On the other end, May was the most stable month, with a tight range of 0.0064 ANG (High: 0.3945 / Low: 0.3881).

November Spread (Volatile) ±0.0192
May Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0101 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3988) against the same month in 2023 (average: 0.3978), the exchange rate shifted by +0.0010 (+0.25%).

2024 Avg (August) 0.3988
2023 Avg (August) 0.3978

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4012 0.3906 0.3952
February 0.3948 0.3878 0.3912
March 0.3971 0.3900 0.3938
April 0.3939 0.3846 0.3883
May 0.3945 0.3881 0.3915
June 0.3948 0.3864 0.3897
July 0.3965 0.3888 0.3932
August 0.4055 0.3904 0.3988
September 0.4055 0.3988 0.4025
October 0.4005 0.3905 0.3950
November 0.3962 0.3770 0.3848
December 0.3837 0.3750 0.3793