YEARLY HIGH
2.0994 RON
YEARLY LOW
2.0013 RON
YEARLY AVERAGE
2.0443 RON

2024 FJD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 2.0994. Conversely, the yearly low was recorded on September 16, dropping to 2.0013.

This high-to-low spread represents a total annual volatility of 0.0982 RON. From a start-to-finish perspective, comparing the January average rate of 2.0419 to the December average rate of 2.0590, the exchange rate registered a net change of 0.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0994 was down 1.19% compared to the 2023 peak of 2.1248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,497 RON
2023 Average 10,258 RON
Yearly Trough Low 10,006 RON
Transaction Impact: A difference of 490.89 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0714
2.0200
JanuMarcMayJulySeptNove

FJD 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 2.0445, compared to 2.0442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 2.0445
H2 Avg (Jul–Dec) 2.0442

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0891 RON (High: 2.0994 / Low: 2.0104). On the other end, April was the most stable month, with a tight range of 0.0335 RON (High: 2.0609 / Low: 2.0274).

November Spread (Volatile) ±0.0891
April Spread (Stable) ±0.0335

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0179 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.0671) against the same month in 2023 (average: 2.0335), the exchange rate shifted by +0.0336 (+1.65%).

2024 Avg (November) 2.0671
2023 Avg (November) 2.0335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0570 2.0184 2.0419
February 2.0601 2.0154 2.0492
March 2.0421 2.0050 2.0315
April 2.0609 2.0274 2.0471
May 2.0618 2.0224 2.0398
June 2.0784 2.0195 2.0574
July 2.0661 2.0251 2.0421
August 2.0413 2.0048 2.0243
September 2.0468 2.0013 2.0283
October 2.0614 2.0112 2.0443
November 2.0994 2.0104 2.0671
December 2.0870 2.0397 2.0590