2024 RON to CRC Historical Review

YEARLY HIGH

118.5624 CRC

YEARLY LOW

104.7190 CRC

YEARLY AVERAGE

112.1476 CRC

2024 RON to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 118.5624. Conversely, the yearly low was recorded on December 18, dropping to 104.7190.

This high-to-low spread represents a total annual volatility of 13.8434 CRC. From a start-to-finish perspective, comparing the January average rate of 113.3706 to the December average rate of 106.4827, the exchange rate registered a net change of -6.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 118.5624 was down 7.61% compared to the 2023 peak of 128.3306, 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 592,812 CRC

2023 Average 592,121 CRC

Yearly Trough Low 523,595 CRC

Transaction Impact: A difference of 69,217.01 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

117.1670

105.5114

JanuMarcMayJulySeptNove

RON to CRC 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 111.6854, compared to 112.6098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9244 points.

H1 Avg (Jan–Jun) 111.6854

H2 Avg (Jul–Dec) 112.6098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 5.8511 CRC (High: 112.4011 / Low: 106.5500). On the other end, February was the most stable month, with a tight range of 1.6688 CRC (High: 112.8498 / Low: 111.1810).

November Spread (Volatile) ±5.8511

February Spread (Stable) ±1.6688

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.0762 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.0762

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 116.1957) against the same month in 2023 (average: 118.8025), the exchange rate shifted by -2.6068 (-2.19%).

2024 Avg (August) 116.1957

2023 Avg (August) 118.8025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	115.6603	111.1648	113.3706
February	112.8498	111.1810	111.9007
March	112.6697	109.0332	111.1810
April	111.0934	106.8676	108.6483
May	113.4573	109.8842	111.3898
June	115.9178	112.1129	113.6220
July	116.4454	113.2044	114.9189
August	118.5624	113.2245	116.1957
September	117.2351	114.8771	115.9996
October	115.1728	111.6661	113.0691
November	112.4011	106.5500	108.9929
December	107.9726	104.7190	106.4827