2024 RON to MYR Historical Review

YEARLY HIGH

1.0438 MYR

YEARLY LOW

0.9230 MYR

YEARLY AVERAGE

0.9950 MYR

2024 RON to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 1.0438. Conversely, the yearly low was recorded on September 30, dropping to 0.9230.

This high-to-low spread represents a total annual volatility of 0.1208 MYR. From a start-to-finish perspective, comparing the January average rate of 1.0268 to the December average rate of 0.9391, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0438 was down 0.33% compared to the 2023 peak of 1.0472, 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 5,219 MYR

2023 Average 4,985 MYR

Yearly Trough Low 4,615 MYR

Transaction Impact: A difference of 604.09 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0437

0.9296

JanuMarcMayJulySeptNove

RON to MYR 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 1.0272, compared to 0.9628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0644 points.

H1 Avg (Jan–Jun) 1.0272

H2 Avg (Jul–Dec) 0.9628

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0474 MYR (High: 0.9704 / Low: 0.9230). On the other end, May was the most stable month, with a tight range of 0.0094 MYR (High: 1.0303 / Low: 1.0210).

September Spread (Volatile) ±0.0474

May Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0441 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0342) against the same month in 2023 (average: 0.9516), the exchange rate shifted by +0.0826 (+8.68%).

2024 Avg (February) 1.0342

2023 Avg (February) 0.9516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0339	1.0129	1.0268
February	1.0438	1.0240	1.0342
March	1.0430	1.0255	1.0315
April	1.0391	1.0195	1.0271
May	1.0303	1.0210	1.0250
June	1.0318	1.0113	1.0185
July	1.0296	0.9995	1.0217
August	0.9906	0.9592	0.9776
September	0.9704	0.9230	0.9511
October	0.9566	0.9260	0.9410
November	0.9556	0.9349	0.9461
December	0.9448	0.9303	0.9391