2024 RON to EUR Historical Review

YEARLY HIGH

0.2017 EUR

YEARLY LOW

0.1997 EUR

YEARLY AVERAGE

0.2010 EUR

2024 RON to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 0.2017. Conversely, the yearly low was recorded on November 24, dropping to 0.1997.

This high-to-low spread represents a total annual volatility of 0.0020 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2010 to the December average rate of 0.2010, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2017 was down 1.66% compared to the 2023 peak of 0.2051, 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 1,008 EUR

2023 Average 1,010 EUR

Yearly Trough Low 998 EUR

Transaction Impact: A difference of 10.01 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2011

0.2008

JanuMarcMayJulySeptNove

RON to EUR 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 0.2010, compared to 0.2010 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) 0.2010

H2 Avg (Jul–Dec) 0.2010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0017 EUR (High: 0.2013 / Low: 0.1997). On the other end, August was the most stable month, with a tight range of 0.0004 EUR (High: 0.2011 / Low: 0.2007).

November Spread (Volatile) ±0.0017

August Spread (Stable) ±0.0004

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2010) against the same month in 2023 (average: 0.2037), the exchange rate shifted by -0.0027 (-1.33%).

2024 Avg (February) 0.2010

2023 Avg (February) 0.2037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2015	0.2007	0.2010
February	0.2017	0.2006	0.2010
March	0.2015	0.2002	0.2011
April	0.2013	0.2007	0.2010
May	0.2012	0.2006	0.2010
June	0.2010	0.2004	0.2009
July	0.2014	0.2007	0.2011
August	0.2011	0.2007	0.2009
September	0.2012	0.2005	0.2010
October	0.2015	0.2007	0.2010
November	0.2013	0.1997	0.2008
December	0.2013	0.2008	0.2010