2019 JOD to RON Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 JOD to RON Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the JOD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 6.1570. Conversely, the yearly low was recorded on January 9, dropping to 5.6993.
This high-to-low spread represents a total annual volatility of 0.4577 RON. From a start-to-finish perspective, comparing the January average rate of 5.8071 to the December average rate of 6.0649, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 6.1570 was up 5.29% compared to the 2018 peak of 5.8475, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
JOD to RON Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.9194, compared to 6.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1194 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 0.2414 RON (High: 5.9406 / Low: 5.6993). On the other end, May was the most stable month, with a tight range of 0.0519 RON (High: 6.0275 / Low: 5.9756).
Growth Streaks & Declines
TrendsBetween January and May, 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 May and June, when the average rate fell by 0.0981 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 6.0881) against the same month in 2018 (average: 5.7789), the exchange rate shifted by +0.3091 (+5.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.9406 | 5.6993 | 5.8071 |
| February | 5.9378 | 5.8475 | 5.8995 |
| March | 6.0053 | 5.8691 | 5.9367 |
| April | 6.0235 | 5.9378 | 5.9742 |
| May | 6.0275 | 5.9756 | 5.9984 |
| June | 6.0048 | 5.8421 | 5.9003 |
| July | 6.0261 | 5.8853 | 5.9463 |
| August | 6.0651 | 5.9403 | 5.9956 |
| September | 6.1380 | 6.0263 | 6.0737 |
| October | 6.1227 | 6.0104 | 6.0644 |
| November | 6.1570 | 6.0081 | 6.0881 |
| December | 6.1167 | 6.0152 | 6.0649 |