2024 RON to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 642.6216. Conversely, the yearly low was recorded on January 20, dropping to 582.0569.
This high-to-low spread represents a total annual volatility of 60.5647 CDF. From a start-to-finish perspective, comparing the January average rate of 596.8705 to the December average rate of 600.8379, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 642.6216 was up 3.91% compared to the 2023 peak of 618.4417, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 603.8227, compared to 620.7445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.9218 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 27.5183 CDF (High: 625.4289 / Low: 597.9106). On the other end, March was the most stable month, with a tight range of 11.1538 CDF (High: 611.7026 / Low: 600.5488).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 14.6506 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 636.0444) against the same month in 2023 (average: 533.9703), the exchange rate shifted by +102.0741 (+19.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 607.7214 | 582.0569 | 596.8705 |
| February | 604.4942 | 591.7891 | 598.0386 |
| March | 611.7026 | 600.5488 | 606.5370 |
| April | 614.7550 | 594.1961 | 601.7114 |
| May | 615.6326 | 601.4883 | 607.4733 |
| June | 618.3203 | 606.0164 | 612.3054 |
| July | 629.2241 | 613.7500 | 620.6130 |
| August | 641.6464 | 618.7138 | 630.9425 |
| September | 642.6216 | 628.4573 | 636.0444 |
| October | 634.7190 | 616.6114 | 625.3398 |
| November | 625.4289 | 597.9106 | 610.6892 |
| December | 610.4874 | 591.9374 | 600.8379 |