2024 RON to CVE Historical Review

YEARLY HIGH

22.4871 CVE

YEARLY LOW

21.7940 CVE

YEARLY AVERAGE

22.1813 CVE

2024 RON to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 22.4871. Conversely, the yearly low was recorded on April 13, dropping to 21.7940.

This high-to-low spread represents a total annual volatility of 0.6930 CVE. From a start-to-finish perspective, comparing the January average rate of 22.1783 to the December average rate of 22.1529, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.4871 was down 1.56% compared to the 2023 peak of 22.8428, 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 112,435 CVE

2023 Average 111,597 CVE

Yearly Trough Low 108,970 CVE

Transaction Impact: A difference of 3,465.21 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.2248

22.1341

JanuMarcMayJulySeptNove

RON to CVE 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 22.1813, compared to 22.1813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 22.1813

H2 Avg (Jul–Dec) 22.1813

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.5208 CVE (High: 22.3148 / Low: 21.7940). On the other end, October was the most stable month, with a tight range of 0.1809 CVE (High: 22.2689 / Low: 22.0880).

April Spread (Volatile) ±0.5208

October Spread (Stable) ±0.1809

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0609 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 22.2173) against the same month in 2023 (average: 22.3180), the exchange rate shifted by -0.1007 (-0.45%).

2024 Avg (August) 22.2173

2023 Avg (August) 22.3180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.3222	22.0872	22.1783
February	22.3321	22.0142	22.1903
March	22.4039	22.0628	22.2026
April	22.3148	21.7940	22.1417
May	22.4258	22.0880	22.1998
June	22.2896	22.0608	22.1751
July	22.3547	22.1242	22.1936
August	22.4871	22.1209	22.2173
September	22.3124	22.0691	22.1929
October	22.2689	22.0880	22.1834
November	22.3187	21.8615	22.1475
December	22.2720	21.8566	22.1529