YEARLY HIGH
20147.5594 LBP
YEARLY LOW
3231.3276 LBP
YEARLY AVERAGE
17140.4793 LBP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RON based on timing:

Yearly Peak High 100,737,797 LBP
2023 Average 15,007,710 LBP
Yearly Trough Low 16,156,638 LBP
Transaction Impact: A difference of 84,581,159.05 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21672.4239
1625.4269
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 14787.6289
H2 Avg (Jul–Dec) 19493.3297

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±16324.9236
January Spread (Stable) ±82.0115

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 499.7233 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -499.7233

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 20001.8408
2023 Avg (September) 3236.2961

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