YEARLY HIGH
0.0427 RON
YEARLY LOW
0.0423 RON
YEARLY AVERAGE
0.0425 RON

2024 RSD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0427. Conversely, the yearly low was recorded on May 1, dropping to 0.0423.

This high-to-low spread represents a total annual volatility of 0.0004 RON. From a start-to-finish perspective, comparing the January average rate of 0.0424 to the December average rate of 0.0425, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0427 was up 0.28% compared to the 2023 peak of 0.0426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RSD based on timing:

Yearly Peak High 214 RON
2023 Average 211 RON
Yearly Trough Low 212 RON
Transaction Impact: A difference of 2.05 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0426
0.0424
JanuMarcMayJulySeptNove

RSD to RON 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 0.0425, compared to 0.0425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0425
H2 Avg (Jul–Dec) 0.0425

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0002 RON (High: 0.0427 / Low: 0.0424). On the other end, August was the most stable month, with a tight range of 0.0001 RON (High: 0.0426 / Low: 0.0425).

September Spread (Volatile) ±0.0002
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0426) against the same month in 2023 (average: 0.0424), the exchange rate shifted by +0.0002 (+0.36%).

2024 Avg (November) 0.0426
2023 Avg (November) 0.0424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0425 0.0424 0.0424
February 0.0425 0.0423 0.0425
March 0.0426 0.0424 0.0424
April 0.0426 0.0424 0.0425
May 0.0425 0.0423 0.0425
June 0.0426 0.0425 0.0425
July 0.0426 0.0424 0.0425
August 0.0426 0.0425 0.0425
September 0.0427 0.0424 0.0425
October 0.0426 0.0424 0.0425
November 0.0427 0.0425 0.0426
December 0.0426 0.0425 0.0425