2024 JOD to RON Historical Review

YEARLY HIGH

6.7776 RON

YEARLY LOW

6.2736 RON

YEARLY AVERAGE

6.4873 RON

2024 JOD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 6.7776. Conversely, the yearly low was recorded on August 24, dropping to 6.2736.

This high-to-low spread represents a total annual volatility of 0.5040 RON. From a start-to-finish perspective, comparing the January average rate of 6.4281 to the December average rate of 6.6982, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.7776 was up 1.17% compared to the 2023 peak of 6.6990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,888 RON

2023 Average 32,247 RON

Yearly Trough Low 31,368 RON

Transaction Impact: A difference of 2,520.23 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.7361

6.2813

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 6.4906, compared to 6.4840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 6.4906

H2 Avg (Jul–Dec) 6.4840

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3234 RON (High: 6.7400 / Low: 6.4166). On the other end, September was the most stable month, with a tight range of 0.1003 RON (High: 6.3742 / Low: 6.2739).

November Spread (Volatile) ±0.3234

September Spread (Stable) ±0.1003

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 July and August, when the average rate fell by 0.0941 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6.6982) against the same month in 2023 (average: 6.4158), the exchange rate shifted by +0.2825 (+4.40%).

2024 Avg (December) 6.6982

2023 Avg (December) 6.4158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4937	6.3484	6.4281
February	6.5539	6.4466	6.4998
March	6.4991	6.3971	6.4521
April	6.6097	6.4517	6.5459
May	6.5519	6.4444	6.4923
June	6.5753	6.4352	6.5254
July	6.5396	6.4108	6.4657
August	6.5083	6.2736	6.3716
September	6.3742	6.2739	6.3192
October	6.5078	6.3456	6.4425
November	6.7400	6.4166	6.6066
December	6.7776	6.6300	6.6982