2024 RON to NZD Historical Review

YEARLY HIGH

0.3724 NZD

YEARLY LOW

0.3496 NZD

YEARLY AVERAGE

0.3596 NZD

2024 RON to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.3724. Conversely, the yearly low was recorded on June 15, dropping to 0.3496.

This high-to-low spread represents a total annual volatility of 0.0228 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3552 to the December average rate of 0.3669, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3724 was up 0.05% compared to the 2023 peak of 0.3722, 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 1,862 NZD

2023 Average 1,781 NZD

Yearly Trough Low 1,748 NZD

Transaction Impact: A difference of 114.18 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3684

0.3511

JanuMarcMayJulySeptNove

RON to NZD 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 0.3569, compared to 0.3622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.3569

H2 Avg (Jul–Dec) 0.3622

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0166 NZD (High: 0.3709 / Low: 0.3543). On the other end, April was the most stable month, with a tight range of 0.0052 NZD (High: 0.3647 / Low: 0.3595).

July Spread (Volatile) ±0.0166

April Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3669) against the same month in 2023 (average: 0.3528), the exchange rate shifted by +0.0141 (+4.01%).

2024 Avg (December) 0.3669

2023 Avg (December) 0.3528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3599	0.3515	0.3552
February	0.3581	0.3508	0.3541
March	0.3640	0.3567	0.3599
April	0.3647	0.3595	0.3620
May	0.3630	0.3542	0.3580
June	0.3556	0.3496	0.3525
July	0.3709	0.3543	0.3618
August	0.3698	0.3554	0.3640
September	0.3619	0.3527	0.3587
October	0.3664	0.3540	0.3605
November	0.3659	0.3570	0.3613
December	0.3724	0.3586	0.3669