YEARLY HIGH
0.0019 RON
YEARLY LOW
0.0004 RON
YEARLY AVERAGE
0.0018 RON

2024 SYP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0019. Conversely, the yearly low was recorded on December 21, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0015 RON. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0013, the exchange rate registered a net change of -25.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0019 was up 1.14% compared to the 2023 peak of 0.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 RON
2023 Average 9 RON
Yearly Trough Low 2 RON
Transaction Impact: A difference of 7.73 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0019
0.0013
JanuMarcMayJulySeptNove

SYP 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 0.0018, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0015 RON (High: 0.0019 / Low: 0.0004). On the other end, September was the most stable month, with a tight range of 0.0000 RON (High: 0.0018 / Low: 0.0018).

December Spread (Volatile) ±0.0015
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0013) against the same month in 2023 (average: 0.0018), the exchange rate shifted by -0.0005 (-25.69%).

2024 Avg (December) 0.0013
2023 Avg (December) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0018 0.0018
February 0.0018 0.0018 0.0018
March 0.0018 0.0018 0.0018
April 0.0019 0.0018 0.0018
May 0.0018 0.0018 0.0018
June 0.0019 0.0018 0.0018
July 0.0018 0.0018 0.0018
August 0.0018 0.0018 0.0018
September 0.0018 0.0018 0.0018
October 0.0018 0.0018 0.0018
November 0.0019 0.0018 0.0019
December 0.0019 0.0004 0.0013