YEARLY HIGH
0.4997 FJD
YEARLY LOW
0.4763 FJD
YEARLY AVERAGE
0.4892 FJD

2024 RON to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.4997. Conversely, the yearly low was recorded on November 23, dropping to 0.4763.

This high-to-low spread represents a total annual volatility of 0.0234 FJD. From a start-to-finish perspective, comparing the January average rate of 0.4898 to the December average rate of 0.4857, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4997 was down 1.02% compared to the 2023 peak of 0.5048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,498 FJD
2023 Average 2,438 FJD
Yearly Trough Low 2,382 FJD
Transaction Impact: A difference of 116.84 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4950
0.4828
JanuMarcMayJulySeptNove

RON to FJD 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 0.4891, compared to 0.4892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.4891
H2 Avg (Jul–Dec) 0.4892

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0211 FJD (High: 0.4974 / Low: 0.4763). On the other end, April was the most stable month, with a tight range of 0.0080 FJD (High: 0.4933 / Low: 0.4852).

November Spread (Volatile) ±0.0211
April Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between June and August, 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 October and November, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4930) against the same month in 2023 (average: 0.4882), the exchange rate shifted by +0.0048 (+0.99%).

2024 Avg (September) 0.4930
2023 Avg (September) 0.4882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4954 0.4861 0.4898
February 0.4962 0.4854 0.4880
March 0.4987 0.4897 0.4923
April 0.4933 0.4852 0.4885
May 0.4945 0.4850 0.4903
June 0.4952 0.4811 0.4861
July 0.4938 0.4840 0.4897
August 0.4988 0.4899 0.4940
September 0.4997 0.4886 0.4930
October 0.4972 0.4851 0.4892
November 0.4974 0.4763 0.4838
December 0.4903 0.4792 0.4857