2024 ZAR to RON Historical Review

YEARLY HIGH

0.2671 RON

YEARLY LOW

0.2377 RON

YEARLY AVERAGE

0.2510 RON

2024 ZAR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.2671. Conversely, the yearly low was recorded on February 28, dropping to 0.2377.

This high-to-low spread represents a total annual volatility of 0.0293 RON. From a start-to-finish perspective, comparing the January average rate of 0.2432 to the December average rate of 0.2605, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2671 was down 2.99% compared to the 2023 peak of 0.2753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 13,354 RON

2023 Average 12,406 RON

Yearly Trough Low 11,887 RON

Transaction Impact: A difference of 1,467.16 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2627

0.2405

JanuMarcMayJulySeptNove

ZAR 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 0.2459, compared to 0.2562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.2459

H2 Avg (Jul–Dec) 0.2562

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0181 RON (High: 0.2590 / Low: 0.2409). On the other end, October was the most stable month, with a tight range of 0.0050 RON (High: 0.2626 / Low: 0.2575).

June Spread (Volatile) ±0.0181

October Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2605) against the same month in 2023 (average: 0.2448), the exchange rate shifted by +0.0157 (+6.42%).

2024 Avg (December) 0.2605

2023 Avg (December) 0.2448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2480	0.2382	0.2432
February	0.2461	0.2377	0.2423
March	0.2457	0.2402	0.2426
April	0.2491	0.2418	0.2457
May	0.2537	0.2442	0.2500
June	0.2590	0.2409	0.2514
July	0.2543	0.2489	0.2514
August	0.2536	0.2434	0.2500
September	0.2605	0.2506	0.2546
October	0.2626	0.2575	0.2599
November	0.2664	0.2549	0.2609
December	0.2671	0.2532	0.2605