2024 RON to BIF Historical Review

YEARLY HIGH

651.9081 BIF

YEARLY LOW

606.0796 BIF

YEARLY AVERAGE

627.3041 BIF

2024 RON to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 651.9081. Conversely, the yearly low was recorded on November 22, dropping to 606.0796.

This high-to-low spread represents a total annual volatility of 45.8284 BIF. From a start-to-finish perspective, comparing the January average rate of 625.7265 to the December average rate of 620.5032, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 651.9081 was up 1.08% compared to the 2023 peak of 644.9338, 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 3,259,540 BIF

2023 Average 2,785,397 BIF

Yearly Trough Low 3,030,398 BIF

Transaction Impact: A difference of 229,142.17 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

649.0980

614.7848

JanuMarcMayJulySeptNove

RON to BIF 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 622.4808, compared to 632.1274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.6466 points.

H1 Avg (Jan–Jun) 622.4808

H2 Avg (Jul–Dec) 632.1274

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 31.9186 BIF (High: 637.9983 / Low: 606.0796). On the other end, May was the most stable month, with a tight range of 10.7561 BIF (High: 628.4690 / Low: 617.7129).

November Spread (Volatile) ±31.9186

May Spread (Stable) ±10.7561

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 12.6221 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -12.6221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 646.2385) against the same month in 2023 (average: 609.6817), the exchange rate shifted by +36.5568 (+6.00%).

2024 Avg (September) 646.2385

2023 Avg (September) 609.6817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	634.1125	619.2997	625.7265
February	625.3418	614.3149	620.4922
March	631.8282	619.1977	625.4685
April	626.5118	611.4794	617.6442
May	628.4690	617.7129	623.6310
June	629.8517	616.2536	621.9224
July	633.4745	620.6852	628.2469
August	648.4548	624.1352	637.9701
September	651.9081	640.4958	646.2385
October	647.1225	628.6019	636.2140
November	637.9983	606.0796	623.5919
December	629.0448	615.0508	620.5032