YEARLY HIGH
2724.9293 SYP
YEARLY LOW
522.7576 SYP
YEARLY AVERAGE
611.3622 SYP

2024 RON to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2724.9293. Conversely, the yearly low was recorded on December 18, dropping to 522.7576.

This high-to-low spread represents a total annual volatility of 2202.1716 SYP. From a start-to-finish perspective, comparing the January average rate of 550.9750 to the December average rate of 1307.6445, the exchange rate registered a net change of 137.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2724.9293 was up 376.72% compared to the 2023 peak of 571.6011, 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 13,624,646 SYP
2023 Average 2,747,220 SYP
Yearly Trough Low 2,613,788 SYP
Transaction Impact: A difference of 11,010,858.18 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1384.7716
459.2471
JanuMarcMayJulySeptNove

RON to SYP 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 546.0397, compared to 676.6846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 130.6448 points.

H1 Avg (Jan–Jun) 546.0397
H2 Avg (Jul–Dec) 676.6846

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2202.1716 SYP (High: 2724.9293 / Low: 522.7576). On the other end, March was the most stable month, with a tight range of 8.6949 SYP (High: 554.0435 / Low: 545.3486).

December Spread (Volatile) ±2202.1716
March Spread (Stable) ±8.6949

Growth Streaks & Declines

Trends

Between 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 13.8812 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.8812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1307.6445) against the same month in 2023 (average: 552.0645), the exchange rate shifted by +755.5800 (+136.86%).

2024 Avg (December) 1307.6445
2023 Avg (December) 552.0645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 557.7451 545.5736 550.9750
February 549.5593 540.6313 545.1456
March 554.0435 545.3486 549.3214
April 549.3550 536.3726 541.5631
May 549.9803 541.1087 545.9783
June 550.7639 539.1811 543.2551
July 553.0187 542.0426 548.3168
August 565.1087 544.7338 556.4557
September 565.0833 556.1894 561.0611
October 558.7001 544.5449 550.2553
November 552.2044 525.7079 536.3741
December 2724.9293 522.7576 1307.6445