2024 RON to BGN Historical Review

YEARLY HIGH

0.3950 BGN

YEARLY LOW

0.3913 BGN

YEARLY AVERAGE

0.3931 BGN

2024 RON to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.3950. Conversely, the yearly low was recorded on March 23, dropping to 0.3913.

This high-to-low spread represents a total annual volatility of 0.0037 BGN. From a start-to-finish perspective, comparing the January average rate of 0.3932 to the December average rate of 0.3931, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3950 was down 1.91% compared to the 2023 peak of 0.4027, 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 1,975 BGN

2023 Average 1,976 BGN

Yearly Trough Low 1,957 BGN

Transaction Impact: A difference of 18.30 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3934

0.3928

JanuMarcMayJulySeptNove

RON to BGN 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 0.3931, compared to 0.3931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.3931

H2 Avg (Jul–Dec) 0.3931

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0035 BGN (High: 0.3950 / Low: 0.3915). On the other end, August was the most stable month, with a tight range of 0.0013 BGN (High: 0.3934 / Low: 0.3921).

September Spread (Volatile) ±0.0035

August Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3932) against the same month in 2023 (average: 0.3938), the exchange rate shifted by -0.0007 (-0.17%).

2024 Avg (September) 0.3932

2023 Avg (September) 0.3938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3938	0.3923	0.3932
February	0.3941	0.3927	0.3932
March	0.3944	0.3913	0.3934
April	0.3939	0.3918	0.3931
May	0.3948	0.3923	0.3931
June	0.3937	0.3917	0.3929
July	0.3940	0.3924	0.3933
August	0.3934	0.3921	0.3929
September	0.3950	0.3915	0.3932
October	0.3940	0.3925	0.3931
November	0.3935	0.3915	0.3929
December	0.3941	0.3916	0.3931