2024 RON to GBP Historical Review

YEARLY HIGH

0.1744 GBP

YEARLY LOW

0.1656 GBP

YEARLY AVERAGE

0.1702 GBP

2024 RON to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1744. Conversely, the yearly low was recorded on December 18, dropping to 0.1656.

This high-to-low spread represents a total annual volatility of 0.0089 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1726 to the December average rate of 0.1666, the exchange rate registered a net change of -3.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1744 was down 4.80% compared to the 2023 peak of 0.1832, 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 872 GBP

2023 Average 879 GBP

Yearly Trough Low 828 GBP

Transaction Impact: A difference of 44.25 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1732

0.1660

JanuMarcMayJulySeptNove

RON to GBP 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 0.1718, compared to 0.1686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1718

H2 Avg (Jul–Dec) 0.1686

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0041 GBP (High: 0.1731 / Low: 0.1691). On the other end, March was the most stable month, with a tight range of 0.0013 GBP (High: 0.1726 / Low: 0.1713).

August Spread (Volatile) ±0.0041

March Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1726) against the same month in 2023 (average: 0.1788), the exchange rate shifted by -0.0063 (-3.50%).

2024 Avg (January) 0.1726

2023 Avg (January) 0.1788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1744	0.1712	0.1726
February	0.1726	0.1709	0.1718
March	0.1726	0.1713	0.1720
April	0.1734	0.1715	0.1723
May	0.1730	0.1709	0.1720
June	0.1713	0.1692	0.1702
July	0.1706	0.1691	0.1696
August	0.1731	0.1691	0.1711
September	0.1699	0.1673	0.1689
October	0.1696	0.1672	0.1679
November	0.1687	0.1661	0.1674
December	0.1673	0.1656	0.1666