2024 RON to TOP Historical Review

YEARLY HIGH

0.5293 TOP

YEARLY LOW

0.4982 TOP

YEARLY AVERAGE

0.5152 TOP

2024 RON to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.5293. Conversely, the yearly low was recorded on December 31, dropping to 0.4982.

This high-to-low spread represents a total annual volatility of 0.0311 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5165 to the December average rate of 0.5041, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5293 was down 1.10% compared to the 2023 peak of 0.5351, 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 2,646 TOP

2023 Average 2,582 TOP

Yearly Trough Low 2,491 TOP

Transaction Impact: A difference of 155.46 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5256

0.5021

JanuMarcMayJulySeptNove

RON to TOP 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 0.5144, compared to 0.5159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.5144

H2 Avg (Jul–Dec) 0.5159

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0216 TOP (High: 0.5230 / Low: 0.5015). On the other end, January was the most stable month, with a tight range of 0.0055 TOP (High: 0.5186 / Low: 0.5131).

November Spread (Volatile) ±0.0216

January Spread (Stable) ±0.0055

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 0.0070 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5236) against the same month in 2023 (average: 0.5250), the exchange rate shifted by -0.0014 (-0.26%).

2024 Avg (August) 0.5236

2023 Avg (August) 0.5250

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5186	0.5131	0.5165
February	0.5185	0.5090	0.5137
March	0.5220	0.5135	0.5178
April	0.5201	0.5090	0.5139
May	0.5185	0.5120	0.5146
June	0.5177	0.5064	0.5101
July	0.5209	0.5096	0.5164
August	0.5293	0.5160	0.5236
September	0.5265	0.5190	0.5236
October	0.5215	0.5143	0.5174
November	0.5230	0.5015	0.5104
December	0.5093	0.4982	0.5041