2024 RON to SEK Historical Review

YEARLY HIGH

2.3643 SEK

YEARLY LOW

2.2364 SEK

YEARLY AVERAGE

2.2992 SEK

2024 RON to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 2.3643. Conversely, the yearly low was recorded on January 1, dropping to 2.2364.

This high-to-low spread represents a total annual volatility of 0.1279 SEK. From a start-to-finish perspective, comparing the January average rate of 2.2688 to the December average rate of 2.3144, the exchange rate registered a net change of 2.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3643 was down 2.23% compared to the 2023 peak of 2.4183, 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 11,822 SEK

2023 Average 11,600 SEK

Yearly Trough Low 11,182 SEK

Transaction Impact: A difference of 639.57 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3427

2.2571

JanuMarcMayJulySeptNove

RON to SEK 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 2.2921, compared to 2.3063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 2.2921

H2 Avg (Jul–Dec) 2.3063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1127 SEK (High: 2.3643 / Low: 2.2516). On the other end, December was the most stable month, with a tight range of 0.0318 SEK (High: 2.3294 / Low: 2.2977).

July Spread (Volatile) ±0.1127

December Spread (Stable) ±0.0318

Growth Streaks & Declines

Trends

Between February and May, 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 0.0633 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.3205) against the same month in 2023 (average: 2.3556), the exchange rate shifted by -0.0351 (-1.49%).

2024 Avg (July) 2.3205

2023 Avg (July) 2.3556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2920	2.2364	2.2688
February	2.2956	2.2438	2.2642
March	2.3228	2.2507	2.2794
April	2.3621	2.3062	2.3324
May	2.3569	2.2939	2.3356
June	2.2948	2.2537	2.2723
July	2.3643	2.2516	2.3205
August	2.3269	2.2757	2.3018
September	2.3033	2.2632	2.2826
October	2.3311	2.2779	2.2943
November	2.3513	2.2956	2.3239
December	2.3294	2.2977	2.3144