2024 RON to MNT Historical Review

YEARLY HIGH

765.8498 MNT

YEARLY LOW

706.9290 MNT

YEARLY AVERAGE

745.3456 MNT

2024 RON to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 765.8498. Conversely, the yearly low was recorded on December 31, dropping to 706.9290.

This high-to-low spread represents a total annual volatility of 58.9207 MNT. From a start-to-finish perspective, comparing the January average rate of 756.5536 to the December average rate of 715.3053, the exchange rate registered a net change of -5.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 765.8498 was down 4.34% compared to the 2023 peak of 800.5733, 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 3,829,249 MNT

2023 Average 3,785,661 MNT

Yearly Trough Low 3,534,645 MNT

Transaction Impact: A difference of 294,603.66 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

763.1398

710.9567

JanuMarcMayJulySeptNove

RON to MNT 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 749.7770, compared to 740.9142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.8627 points.

H1 Avg (Jan–Jun) 749.7770

H2 Avg (Jul–Dec) 740.9142

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 35.8344 MNT (High: 746.8132 / Low: 710.9788). On the other end, March was the most stable month, with a tight range of 11.9391 MNT (High: 760.7670 / Low: 748.8279).

November Spread (Volatile) ±35.8344

March Spread (Stable) ±11.9391

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 18.7732 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -18.7732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 756.5536) against the same month in 2023 (average: 745.9333), the exchange rate shifted by +10.6203 (+1.42%).

2024 Avg (January) 756.5536

2023 Avg (January) 745.9333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	765.8498	749.1369	756.5536
February	754.6097	742.3506	748.5492
March	760.7670	748.8279	754.2830
April	754.3292	736.5028	743.6300
May	755.1878	743.0061	749.6926
June	756.2638	740.3592	745.9533
July	759.3599	738.6314	749.2449
August	764.2653	736.7097	752.5627
September	764.2309	752.2026	758.7912
October	755.5981	736.4543	744.1772
November	746.8132	710.9788	725.4040
December	722.6712	706.9290	715.3053