2024 RON to AZN Historical Review

YEARLY HIGH

0.3824 AZN

YEARLY LOW

0.3537 AZN

YEARLY AVERAGE

0.3698 AZN

2024 RON to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.3824. Conversely, the yearly low was recorded on December 31, dropping to 0.3537.

This high-to-low spread represents a total annual volatility of 0.0287 AZN. From a start-to-finish perspective, comparing the January average rate of 0.3729 to the December average rate of 0.3579, 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 0.3824 was down 1.14% compared to the 2023 peak of 0.3868, 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 1,912 AZN

2023 Average 1,859 AZN

Yearly Trough Low 1,768 AZN

Transaction Impact: A difference of 143.43 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3818

0.3557

JanuMarcMayJulySeptNove

RON to AZN 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 0.3695, compared to 0.3700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.3695

H2 Avg (Jul–Dec) 0.3700

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0179 AZN (High: 0.3736 / Low: 0.3557). On the other end, March was the most stable month, with a tight range of 0.0059 AZN (High: 0.3749 / Low: 0.3690).

November Spread (Volatile) ±0.0179

March Spread (Stable) ±0.0059

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 0.0094 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3765) against the same month in 2023 (average: 0.3752), the exchange rate shifted by +0.0013 (+0.33%).

2024 Avg (August) 0.3765

2023 Avg (August) 0.3752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3774	0.3691	0.3729
February	0.3718	0.3658	0.3689
March	0.3749	0.3690	0.3718
April	0.3717	0.3629	0.3665
May	0.3721	0.3661	0.3694
June	0.3727	0.3648	0.3676
July	0.3742	0.3668	0.3710
August	0.3824	0.3686	0.3765
September	0.3823	0.3763	0.3796
October	0.3780	0.3684	0.3723
November	0.3736	0.3557	0.3629
December	0.3615	0.3537	0.3579