2024 RON to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 24.0173. Conversely, the yearly low was recorded on June 19, dropping to 18.0341.
This high-to-low spread represents a total annual volatility of 5.9832 RUB. From a start-to-finish perspective, comparing the January average rate of 19.5918 to the December average rate of 21.8481, the exchange rate registered a net change of 11.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 24.0173 was up 8.39% compared to the 2023 peak of 22.1591, 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 RUB 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 19.7514, compared to 20.6069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 3.4521 RUB (High: 24.0173 / Low: 20.5652). On the other end, March was the most stable month, with a tight range of 0.4265 RUB (High: 20.2941 / Low: 19.8676).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.7399 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 21.5435) against the same month in 2023 (average: 19.7136), the exchange rate shifted by +1.8299 (+9.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.2192 | 19.2411 | 19.5918 |
| February | 20.6152 | 19.5577 | 19.9271 |
| March | 20.2941 | 19.8676 | 20.0822 |
| April | 20.3118 | 19.7908 | 20.0440 |
| May | 20.1630 | 19.3195 | 19.8018 |
| June | 19.7126 | 18.0341 | 19.0618 |
| July | 19.4793 | 18.5638 | 19.0597 |
| August | 20.6386 | 18.5419 | 19.7158 |
| September | 21.1534 | 19.5038 | 20.3906 |
| October | 21.3366 | 20.7855 | 21.0835 |
| November | 24.0173 | 20.5652 | 21.5435 |
| December | 23.6641 | 20.8920 | 21.8481 |