2024 RON to CAD Historical Review

YEARLY HIGH

0.3053 CAD

YEARLY LOW

0.2913 CAD

YEARLY AVERAGE

0.2980 CAD

2024 RON to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.3053. Conversely, the yearly low was recorded on February 12, dropping to 0.2913.

This high-to-low spread represents a total annual volatility of 0.0140 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2942 to the December average rate of 0.3002, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3053 was down 0.29% compared to the 2023 peak of 0.3061, 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 1,526 CAD

2023 Average 1,476 CAD

Yearly Trough Low 1,456 CAD

Transaction Impact: A difference of 69.80 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3036

0.2918

JanuMarcMayJulySeptNove

RON to CAD 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 0.2952, compared to 0.3008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.2952

H2 Avg (Jul–Dec) 0.3008

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0127 CAD (High: 0.3043 / Low: 0.2915). On the other end, April was the most stable month, with a tight range of 0.0034 CAD (High: 0.2967 / Low: 0.2933).

November Spread (Volatile) ±0.0127

April Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3025) against the same month in 2023 (average: 0.2913), the exchange rate shifted by +0.0112 (+3.85%).

2024 Avg (September) 0.3025

2023 Avg (September) 0.2913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2957	0.2917	0.2942
February	0.2962	0.2913	0.2928
March	0.2980	0.2933	0.2960
April	0.2967	0.2933	0.2949
May	0.2985	0.2947	0.2970
June	0.2993	0.2941	0.2963
July	0.3020	0.2954	0.2993
August	0.3045	0.2995	0.3027
September	0.3053	0.2994	0.3025
October	0.3049	0.2992	0.3013
November	0.3043	0.2915	0.2985
December	0.3021	0.2963	0.3002