2024 RON to MMK Historical Review

YEARLY HIGH

711.9677 MMK

YEARLY LOW

436.4735 MMK

YEARLY AVERAGE

461.3191 MMK

2024 RON to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 711.9677. Conversely, the yearly low was recorded on December 31, dropping to 436.4735.

This high-to-low spread represents a total annual volatility of 275.4942 MMK. From a start-to-finish perspective, comparing the January average rate of 460.4220 to the December average rate of 441.6452, the exchange rate registered a net change of -4.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 711.9677 was up 49.12% compared to the 2023 peak of 477.4448, 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 3,559,839 MMK

2023 Average 2,295,143 MMK

Yearly Trough Low 2,182,368 MMK

Transaction Impact: A difference of 1,377,470.90 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

502.3561

436.1261

JanuMarcMayJulySeptNove

RON to MMK 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 459.4753, compared to 463.1629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6875 points.

H1 Avg (Jan–Jun) 459.4753

H2 Avg (Jul–Dec) 463.1629

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 255.9204 MMK (High: 711.9677 / Low: 456.0473). On the other end, May was the most stable month, with a tight range of 7.4131 MMK (High: 459.6268 / Low: 452.2136).

July Spread (Volatile) ±255.9204

May Spread (Stable) ±7.4131

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 32.1882 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -32.1882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 496.8370) against the same month in 2023 (average: 469.4165), the exchange rate shifted by +27.4205 (+5.84%).

2024 Avg (July) 496.8370

2023 Avg (July) 469.4165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	467.4863	455.1803	460.4220
February	460.0764	451.8846	455.7160
March	462.7174	454.4806	458.8750
April	458.9514	448.0965	452.4586
May	459.6268	452.2136	456.1869
June	535.3407	450.1965	473.1935
July	711.9677	456.0473	496.8370
August	471.8742	454.8608	464.6488
September	471.8530	464.4264	468.4944
October	466.5229	454.7031	459.4714
November	461.0989	438.9739	447.8804
December	446.1931	436.4735	441.6452