2024 RON to INR Historical Review

YEARLY HIGH

18.8511 INR

YEARLY LOW

17.6668 INR

YEARLY AVERAGE

18.1981 INR

2024 RON to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 18.8511. Conversely, the yearly low was recorded on November 24, dropping to 17.6668.

This high-to-low spread represents a total annual volatility of 1.1843 INR. From a start-to-finish perspective, comparing the January average rate of 18.2249 to the December average rate of 17.8940, the exchange rate registered a net change of -1.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.8511 was up 0.89% compared to the 2023 peak of 18.6846, 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 94,255 INR

2023 Average 90,278 INR

Yearly Trough Low 88,334 INR

Transaction Impact: A difference of 5,921.42 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.7950

17.8121

JanuMarcMayJulySeptNove

RON to INR 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 18.0885, compared to 18.3077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2192 points.

H1 Avg (Jan–Jun) 18.0885

H2 Avg (Jul–Dec) 18.3077

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.8204 INR (High: 18.4872 / Low: 17.6668). On the other end, March was the most stable month, with a tight range of 0.2030 INR (High: 18.2711 / Low: 18.0681).

November Spread (Volatile) ±0.8204

March Spread (Stable) ±0.2030

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 0.3967 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 18.5780) against the same month in 2023 (average: 18.2854), the exchange rate shifted by +0.2926 (+1.60%).

2024 Avg (August) 18.5780

2023 Avg (August) 18.2854

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.4698	18.0344	18.2249
February	18.1415	17.8735	18.0023
March	18.2711	18.0681	18.1594
April	18.2068	17.8337	17.9799
May	18.2568	17.9628	18.1142
June	18.3044	17.9363	18.0504
July	18.3946	18.0013	18.2451
August	18.8511	18.1563	18.5780
September	18.8002	18.5933	18.7131
October	18.6515	18.2202	18.4062
November	18.4872	17.6668	18.0095
December	18.0113	17.7196	17.8940