YEARLY HIGH
24.0173 RUB
YEARLY LOW
18.0341 RUB
YEARLY AVERAGE
20.1792 RUB

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RON based on timing:

Yearly Peak High 120,086 RUB
2023 Average 93,466 RUB
Yearly Trough Low 90,170 RUB
Transaction Impact: A difference of 29,915.80 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.1269
18.7808
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 19.7514
H2 Avg (Jul–Dec) 20.6069

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±3.4521
March Spread (Stable) ±0.4265

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7399

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (November) 21.5435
2023 Avg (November) 19.7136

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