YEARLY HIGH
0.2687 RON
YEARLY LOW
0.2376 RON
YEARLY AVERAGE
0.2512 RON

2024 SZL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.2687. Conversely, the yearly low was recorded on February 26, dropping to 0.2376.

This high-to-low spread represents a total annual volatility of 0.0311 RON. From a start-to-finish perspective, comparing the January average rate of 0.2428 to the December average rate of 0.2607, the exchange rate registered a net change of 7.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2687 was down 2.66% compared to the 2023 peak of 0.2761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,344 RON
2023 Average 1,241 RON
Yearly Trough Low 1,188 RON
Transaction Impact: A difference of 155.53 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2636
0.2409
JanuMarcMayJulySeptNove

SZL 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 0.2460, compared to 0.2564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.2460
H2 Avg (Jul–Dec) 0.2564

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0194 RON (High: 0.2605 / Low: 0.2412). On the other end, October was the most stable month, with a tight range of 0.0049 RON (High: 0.2627 / Low: 0.2578).

June Spread (Volatile) ±0.0194
October Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2607) against the same month in 2023 (average: 0.2443), the exchange rate shifted by +0.0165 (+6.74%).

2024 Avg (December) 0.2607
2023 Avg (December) 0.2443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2461 0.2391 0.2428
February 0.2477 0.2376 0.2430
March 0.2455 0.2394 0.2428
April 0.2500 0.2422 0.2461
May 0.2527 0.2466 0.2501
June 0.2605 0.2412 0.2511
July 0.2568 0.2480 0.2514
August 0.2554 0.2448 0.2505
September 0.2601 0.2503 0.2542
October 0.2627 0.2578 0.2600
November 0.2659 0.2590 0.2617
December 0.2687 0.2546 0.2607