2024 RON to JOD Historical Review

YEARLY HIGH

0.1594 JOD

YEARLY LOW

0.1475 JOD

YEARLY AVERAGE

0.1542 JOD

2024 RON to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.1594. Conversely, the yearly low was recorded on December 31, dropping to 0.1475.

This high-to-low spread represents a total annual volatility of 0.0119 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1556 to the December average rate of 0.1493, the exchange rate registered a net change of -4.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1594 was down 1.22% compared to the 2023 peak of 0.1614, 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 797 JOD

2023 Average 775 JOD

Yearly Trough Low 738 JOD

Transaction Impact: A difference of 59.27 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1591

0.1484

JanuMarcMayJulySeptNove

RON to JOD 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 0.1541, compared to 0.1543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1541

H2 Avg (Jul–Dec) 0.1543

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0075 JOD (High: 0.1558 / Low: 0.1484). On the other end, March was the most stable month, with a tight range of 0.0025 JOD (High: 0.1563 / Low: 0.1539).

November Spread (Volatile) ±0.0075

March Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0038 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1570) against the same month in 2023 (average: 0.1563), the exchange rate shifted by +0.0007 (+0.43%).

2024 Avg (August) 0.1570

2023 Avg (August) 0.1563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1575	0.1540	0.1556
February	0.1551	0.1526	0.1539
March	0.1563	0.1539	0.1550
April	0.1550	0.1513	0.1528
May	0.1552	0.1526	0.1540
June	0.1554	0.1521	0.1533
July	0.1560	0.1529	0.1547
August	0.1594	0.1537	0.1570
September	0.1594	0.1569	0.1582
October	0.1576	0.1537	0.1552
November	0.1558	0.1484	0.1514
December	0.1508	0.1475	0.1493