2024 RON to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 100.1119. Conversely, the yearly low was recorded on April 12, dropping to 97.0674.
This high-to-low spread represents a total annual volatility of 3.0445 KMF. From a start-to-finish perspective, comparing the January average rate of 98.9737 to the December average rate of 98.9290, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 100.1119 was down 1.11% compared to the 2023 peak of 101.2316, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON to KMF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 98.9609, compared to 98.9804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 2.3585 KMF (High: 99.5436 / Low: 97.1851). On the other end, February was the most stable month, with a tight range of 0.7579 KMF (High: 99.1929 / Low: 98.4350).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2336 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 99.0611) against the same month in 2023 (average: 99.6473), the exchange rate shifted by -0.5862 (-0.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.1780 | 98.2754 | 98.9737 |
| February | 99.1929 | 98.4350 | 98.9474 |
| March | 99.8197 | 98.6392 | 99.0629 |
| April | 99.4125 | 97.0674 | 98.9225 |
| May | 99.4566 | 98.6900 | 99.0462 |
| June | 99.1868 | 97.8609 | 98.8126 |
| July | 99.6555 | 98.8020 | 99.1246 |
| August | 100.1119 | 98.5578 | 99.0611 |
| September | 99.3972 | 98.5574 | 99.0401 |
| October | 99.2409 | 98.4022 | 98.8952 |
| November | 99.5436 | 97.1851 | 98.8324 |
| December | 99.5852 | 98.2039 | 98.9290 |