2024 RON to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 20147.5594. Conversely, the yearly low was recorded on February 14, dropping to 3231.3276.
This high-to-low spread represents a total annual volatility of 16916.2318 LBP. From a start-to-finish perspective, comparing the January average rate of 3296.0100 to the December average rate of 18845.1367, the exchange rate registered a net change of 471.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 20147.5594 was up 486.73% compared to the 2023 peak of 3433.8685, 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 LBP 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 14787.6289, compared to 19493.3297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4705.7008 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 16324.9236 LBP (High: 19556.2511 / Low: 3231.3276). On the other end, January was the most stable month, with a tight range of 82.0115 LBP (High: 3345.7511 / Low: 3263.7396).
Growth Streaks & Declines
TrendsBetween 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 499.7233 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 20001.8408) against the same month in 2023 (average: 3236.2961), the exchange rate shifted by +16765.5446 (+518.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3345.7511 | 3263.7396 | 3296.0100 |
| February | 19556.2511 | 3231.3276 | 7738.4666 |
| March | 19757.7093 | 19382.1750 | 19577.0953 |
| April | 19575.9692 | 19115.0396 | 19296.0935 |
| May | 19571.8486 | 19291.8589 | 19452.6441 |
| June | 19621.8882 | 19194.8191 | 19365.4640 |
| July | 19701.0239 | 19319.1379 | 19538.1546 |
| August | 20141.2474 | 19417.0625 | 19819.2880 |
| September | 20147.5594 | 19824.4505 | 20001.8408 |
| October | 19908.1319 | 19413.2370 | 19627.6406 |
| November | 19683.5944 | 18735.0130 | 19127.9173 |
| December | 19060.9999 | 18632.3163 | 18845.1367 |