YEARLY HIGH
0.0320 RON
YEARLY LOW
0.0284 RON
YEARLY AVERAGE
0.0304 RON

2024 JPY to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0320. Conversely, the yearly low was recorded on July 10, dropping to 0.0284.

This high-to-low spread represents a total annual volatility of 0.0035 RON. From a start-to-finish perspective, comparing the January average rate of 0.0312 to the December average rate of 0.0308, the exchange rate registered a net change of -1.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0320 was down 10.49% compared to the 2023 peak of 0.0357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 15,976 RON
2023 Average 16,308 RON
Yearly Trough Low 14,206 RON
Transaction Impact: A difference of 1,770.05 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0315
0.0289
JanuMarcMayJulySeptNove

JPY 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 0.0302, compared to 0.0305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0302
H2 Avg (Jul–Dec) 0.0305

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0023 RON (High: 0.0307 / Low: 0.0284). On the other end, June was the most stable month, with a tight range of 0.0007 RON (High: 0.0296 / Low: 0.0288).

July Spread (Volatile) ±0.0023
June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0312) against the same month in 2023 (average: 0.0351), the exchange rate shifted by -0.0039 (-11.09%).

2024 Avg (January) 0.0312
2023 Avg (January) 0.0351

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0320 0.0309 0.0312
February 0.0313 0.0304 0.0308
March 0.0310 0.0302 0.0305
April 0.0305 0.0294 0.0301
May 0.0303 0.0292 0.0296
June 0.0296 0.0288 0.0293
July 0.0307 0.0284 0.0291
August 0.0315 0.0304 0.0309
September 0.0319 0.0306 0.0313
October 0.0313 0.0299 0.0305
November 0.0314 0.0300 0.0305
December 0.0317 0.0302 0.0308