2024 SEK to RON Historical Review

YEARLY HIGH

0.4471 RON

YEARLY LOW

0.4230 RON

YEARLY AVERAGE

0.4350 RON

2024 SEK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4471. Conversely, the yearly low was recorded on July 25, dropping to 0.4230.

This high-to-low spread represents a total annual volatility of 0.0242 RON. From a start-to-finish perspective, comparing the January average rate of 0.4408 to the December average rate of 0.4321, the exchange rate registered a net change of -1.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4471 was down 0.92% compared to the 2023 peak of 0.4513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,236 RON

2023 Average 2,156 RON

Yearly Trough Low 2,115 RON

Transaction Impact: A difference of 120.96 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4430

0.4268

JanuMarcMayJulySeptNove

SEK 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 0.4364, compared to 0.4336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.4364

H2 Avg (Jul–Dec) 0.4336

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0212 RON (High: 0.4441 / Low: 0.4230). On the other end, December was the most stable month, with a tight range of 0.0059 RON (High: 0.4352 / Low: 0.4293).

July Spread (Volatile) ±0.0212

December Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0100 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4408) against the same month in 2023 (average: 0.4396), the exchange rate shifted by +0.0012 (+0.26%).

2024 Avg (January) 0.4408

2023 Avg (January) 0.4396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4471	0.4363	0.4408
February	0.4457	0.4356	0.4417
March	0.4443	0.4305	0.4387
April	0.4336	0.4233	0.4288
May	0.4359	0.4243	0.4282
June	0.4437	0.4358	0.4401
July	0.4441	0.4230	0.4310
August	0.4394	0.4297	0.4345
September	0.4419	0.4342	0.4381
October	0.4390	0.4290	0.4359
November	0.4356	0.4253	0.4303
December	0.4352	0.4293	0.4321