2024 RON to SGD Historical Review

YEARLY HIGH

0.2949 SGD

YEARLY LOW

0.2810 SGD

YEARLY AVERAGE

0.2906 SGD

2024 RON to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.2949. Conversely, the yearly low was recorded on November 24, dropping to 0.2810.

This high-to-low spread represents a total annual volatility of 0.0139 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2929 to the December average rate of 0.2844, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2949 was down 1.92% compared to the 2023 peak of 0.3007, 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 1,475 SGD

2023 Average 1,468 SGD

Yearly Trough Low 1,405 SGD

Transaction Impact: A difference of 69.44 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2946

0.2835

JanuMarcMayJulySeptNove

RON to SGD 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 0.2928, compared to 0.2885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.2928

H2 Avg (Jul–Dec) 0.2885

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0078 SGD (High: 0.2889 / Low: 0.2810). On the other end, December was the most stable month, with a tight range of 0.0018 SGD (High: 0.2854 / Low: 0.2836).

November Spread (Volatile) ±0.0078

December Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.2924) against the same month in 2023 (average: 0.2943), the exchange rate shifted by -0.0018 (-0.62%).

2024 Avg (June) 0.2924

2023 Avg (June) 0.2943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2941	0.2911	0.2929
February	0.2936	0.2905	0.2918
March	0.2946	0.2925	0.2933
April	0.2946	0.2911	0.2926
May	0.2949	0.2919	0.2935
June	0.2949	0.2909	0.2924
July	0.2949	0.2907	0.2937
August	0.2927	0.2898	0.2913
September	0.2909	0.2871	0.2893
October	0.2887	0.2858	0.2870
November	0.2889	0.2810	0.2852
December	0.2854	0.2836	0.2844