2024 RON to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 4967.2747. Conversely, the yearly low was recorded on February 13, dropping to 4485.9903.
This high-to-low spread represents a total annual volatility of 481.2844 LAK. From a start-to-finish perspective, comparing the January average rate of 4527.8932 to the December average rate of 4608.0927, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 4967.2747 was up 8.22% compared to the 2023 peak of 4589.9408, 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 LAK 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 4593.3381, compared to 4795.5869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 202.2488 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 215.4533 LAK (High: 4810.1327 / Low: 4594.6794). On the other end, March was the most stable month, with a tight range of 64.6689 LAK (High: 4607.1611 / Low: 4542.4923).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 130.0623 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 4898.9329) against the same month in 2023 (average: 4291.5466), the exchange rate shifted by +607.3863 (+14.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4571.5983 | 4499.6922 | 4527.8932 |
| February | 4554.7688 | 4485.9903 | 4522.9567 |
| March | 4607.1611 | 4542.4923 | 4574.5367 |
| April | 4624.5141 | 4537.9888 | 4578.8235 |
| May | 4683.5062 | 4598.4994 | 4641.1847 |
| June | 4756.7831 | 4677.2467 | 4714.6337 |
| July | 4872.9569 | 4764.5244 | 4830.9451 |
| August | 4967.2747 | 4810.1019 | 4898.9329 |
| September | 4964.4778 | 4897.9043 | 4935.3131 |
| October | 4932.7016 | 4756.9724 | 4815.1499 |
| November | 4810.1327 | 4594.6794 | 4685.0877 |
| December | 4665.1919 | 4547.8754 | 4608.0927 |