YEARLY HIGH
0.4498 BBD
YEARLY LOW
0.4161 BBD
YEARLY AVERAGE
0.4350 BBD

2024 RON to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.4498. Conversely, the yearly low was recorded on December 31, dropping to 0.4161.

This high-to-low spread represents a total annual volatility of 0.0337 BBD. From a start-to-finish perspective, comparing the January average rate of 0.4386 to the December average rate of 0.4210, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4498 was down 1.14% compared to the 2023 peak of 0.4550, 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 2,249 BBD
2023 Average 2,187 BBD
Yearly Trough Low 2,080 BBD
Transaction Impact: A difference of 168.74 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4492
0.4185
JanuMarcMayJulySeptNove

RON to BBD 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 0.4347, compared to 0.4353 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) 0.4347
H2 Avg (Jul–Dec) 0.4353

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0211 BBD (High: 0.4396 / Low: 0.4185). On the other end, March was the most stable month, with a tight range of 0.0069 BBD (High: 0.4410 / Low: 0.4341).

November Spread (Volatile) ±0.0211
March Spread (Stable) ±0.0069

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 0.0110 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4429) against the same month in 2023 (average: 0.4415), the exchange rate shifted by +0.0015 (+0.33%).

2024 Avg (August) 0.4429
2023 Avg (August) 0.4415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4440 0.4343 0.4386
February 0.4375 0.4303 0.4339
March 0.4410 0.4341 0.4373
April 0.4373 0.4270 0.4311
May 0.4378 0.4307 0.4346
June 0.4384 0.4292 0.4324
July 0.4402 0.4315 0.4365
August 0.4498 0.4336 0.4429
September 0.4498 0.4427 0.4466
October 0.4447 0.4335 0.4380
November 0.4396 0.4185 0.4270
December 0.4254 0.4161 0.4210