YEARLY HIGH
0.1232 RON
YEARLY LOW
0.1073 RON
YEARLY AVERAGE
0.1146 RON

2024 UAH to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1232. Conversely, the yearly low was recorded on September 20, dropping to 0.1073.

This high-to-low spread represents a total annual volatility of 0.0159 RON. From a start-to-finish perspective, comparing the January average rate of 0.1205 to the December average rate of 0.1137, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1232 was down 5.19% compared to the 2023 peak of 0.1299, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 616 RON
2023 Average 622 RON
Yearly Trough Low 536 RON
Transaction Impact: A difference of 79.47 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1226
0.1072
JanuMarcMayJulySeptNove

UAH 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 0.1180, compared to 0.1112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1180
H2 Avg (Jul–Dec) 0.1112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0059 RON (High: 0.1156 / Low: 0.1097). On the other end, December was the most stable month, with a tight range of 0.0015 RON (High: 0.1145 / Low: 0.1130).

November Spread (Volatile) ±0.0059
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1213) against the same month in 2023 (average: 0.1246), the exchange rate shifted by -0.0033 (-2.66%).

2024 Avg (February) 0.1213
2023 Avg (February) 0.1246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1229 0.1181 0.1205
February 0.1232 0.1191 0.1213
March 0.1205 0.1161 0.1182
April 0.1191 0.1170 0.1178
May 0.1178 0.1132 0.1158
June 0.1152 0.1130 0.1142
July 0.1140 0.1096 0.1118
August 0.1121 0.1077 0.1097
September 0.1096 0.1073 0.1085
October 0.1119 0.1089 0.1106
November 0.1156 0.1097 0.1132
December 0.1145 0.1130 0.1137