YEARLY HIGH
47.1540 GYD
YEARLY LOW
43.4991 GYD
YEARLY AVERAGE
45.5055 GYD

2024 RON to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 47.1540. Conversely, the yearly low was recorded on December 18, dropping to 43.4991.

This high-to-low spread represents a total annual volatility of 3.6549 GYD. From a start-to-finish perspective, comparing the January average rate of 45.8921 to the December average rate of 44.0210, the exchange rate registered a net change of -4.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 47.1540 was down 1.31% compared to the 2023 peak of 47.7789, 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 235,770 GYD
2023 Average 229,770 GYD
Yearly Trough Low 217,496 GYD
Transaction Impact: A difference of 18,274.42 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

46.9950
43.7506
JanuMarcMayJulySeptNove

RON to GYD 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 45.4789, compared to 45.5321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0532 points.

H1 Avg (Jan–Jun) 45.4789
H2 Avg (Jul–Dec) 45.5321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.2285 GYD (High: 45.9911 / Low: 43.7626). On the other end, May was the most stable month, with a tight range of 0.7351 GYD (High: 45.8151 / Low: 45.0800).

November Spread (Volatile) ±2.2285
May Spread (Stable) ±0.7351

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.1758 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 45.7702) against the same month in 2023 (average: 45.7929), the exchange rate shifted by -0.0227 (-0.05%).

2024 Avg (March) 45.7702
2023 Avg (March) 45.7929

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.6098 45.3482 45.8921
February 45.8345 45.0175 45.4123
March 47.1540 45.2781 45.7702
April 45.7705 44.6560 45.1038
May 45.8151 45.0800 45.4586
June 45.8574 44.8067 45.2367
July 46.0283 45.1373 45.6428
August 47.0650 45.3200 46.2957
September 47.0697 46.2989 46.7246
October 46.4610 45.3000 45.8422
November 45.9911 43.7626 44.6664
December 44.5259 43.4991 44.0210