2024 RON to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 1754.7238. Conversely, the yearly low was recorded on February 13, dropping to 1567.4294.
This high-to-low spread represents a total annual volatility of 187.2944 PYG. From a start-to-finish perspective, comparing the January average rate of 1596.8572 to the December average rate of 1643.3373, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1754.7238 was up 6.09% compared to the 2023 peak of 1653.9687, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1604.8240, compared to 1682.7440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.9200 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 89.3555 PYG (High: 1722.3617 / Low: 1633.0061). On the other end, March was the most stable month, with a tight range of 19.5746 PYG (High: 1606.8790 / Low: 1587.3044).
Growth Streaks & Declines
TrendsBetween 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 54.3072 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1733.1006) against the same month in 2023 (average: 1564.0598), the exchange rate shifted by +169.0408 (+10.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1621.6480 | 1578.1921 | 1596.8572 |
| February | 1594.6463 | 1567.4294 | 1580.6955 |
| March | 1606.8790 | 1587.3044 | 1599.1478 |
| April | 1610.4043 | 1578.9270 | 1594.2786 |
| May | 1645.3916 | 1612.2892 | 1629.8807 |
| June | 1648.9013 | 1612.5230 | 1628.0845 |
| July | 1661.6601 | 1626.4077 | 1647.5010 |
| August | 1710.6787 | 1641.8314 | 1678.8320 |
| September | 1754.7238 | 1706.2149 | 1733.1006 |
| October | 1745.0591 | 1709.7055 | 1724.0002 |
| November | 1722.3617 | 1633.0061 | 1669.6930 |
| December | 1665.4558 | 1623.0723 | 1643.3373 |