YEARLY HIGH
0.1482 RON
YEARLY LOW
0.1389 RON
YEARLY AVERAGE
0.1433 RON

2024 TWD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.1482. Conversely, the yearly low was recorded on August 6, dropping to 0.1389.

This high-to-low spread represents a total annual volatility of 0.0093 RON. From a start-to-finish perspective, comparing the January average rate of 0.1462 to the December average rate of 0.1458, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1482 was down 2.95% compared to the 2023 peak of 0.1527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 741 RON
2023 Average 734 RON
Yearly Trough Low 695 RON
Transaction Impact: A difference of 46.38 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1473
0.1394
JanuMarcMayJulySeptNove

TWD 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 0.1443, compared to 0.1423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1443
H2 Avg (Jul–Dec) 0.1423

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0042 RON (High: 0.1471 / Low: 0.1429). On the other end, May was the most stable month, with a tight range of 0.0020 RON (High: 0.1433 / Low: 0.1413).

November Spread (Volatile) ±0.0042
May Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1467) against the same month in 2023 (average: 0.1515), the exchange rate shifted by -0.0049 (-3.21%).

2024 Avg (February) 0.1467
2023 Avg (February) 0.1515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1473 0.1449 0.1462
February 0.1482 0.1448 0.1467
March 0.1453 0.1431 0.1444
April 0.1447 0.1425 0.1434
May 0.1433 0.1413 0.1425
June 0.1439 0.1411 0.1428
July 0.1425 0.1391 0.1404
August 0.1410 0.1389 0.1401
September 0.1411 0.1391 0.1402
October 0.1441 0.1405 0.1423
November 0.1471 0.1429 0.1449
December 0.1471 0.1451 0.1458