YEARLY HIGH
0.6078 XCD
YEARLY LOW
0.5622 XCD
YEARLY AVERAGE
0.5878 XCD

2024 RON to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.6078. Conversely, the yearly low was recorded on December 31, dropping to 0.5622.

This high-to-low spread represents a total annual volatility of 0.0456 XCD. From a start-to-finish perspective, comparing the January average rate of 0.5926 to the December average rate of 0.5689, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6078 was down 1.14% compared to the 2023 peak of 0.6148, 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 3,039 XCD
2023 Average 2,955 XCD
Yearly Trough Low 2,811 XCD
Transaction Impact: A difference of 228.01 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6070
0.5654
JanuMarcMayJulySeptNove

RON to XCD 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 0.5873, compared to 0.5883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.5873
H2 Avg (Jul–Dec) 0.5883

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0285 XCD (High: 0.5940 / Low: 0.5655). On the other end, March was the most stable month, with a tight range of 0.0094 XCD (High: 0.5959 / Low: 0.5866).

November Spread (Volatile) ±0.0285
March Spread (Stable) ±0.0094

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 0.0149 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5985) against the same month in 2023 (average: 0.5965), the exchange rate shifted by +0.0020 (+0.33%).

2024 Avg (August) 0.5985
2023 Avg (August) 0.5965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5999 0.5868 0.5926
February 0.5911 0.5815 0.5864
March 0.5959 0.5866 0.5909
April 0.5909 0.5769 0.5825
May 0.5916 0.5820 0.5873
June 0.5924 0.5800 0.5843
July 0.5948 0.5830 0.5898
August 0.6078 0.5859 0.5985
September 0.6078 0.5983 0.6035
October 0.6010 0.5857 0.5919
November 0.5940 0.5655 0.5769
December 0.5748 0.5622 0.5689