YEARLY HIGH
5.8475 RON
YEARLY LOW
5.2392 RON
YEARLY AVERAGE
5.5573 RON

2018 JOD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 5.8475. Conversely, the yearly low was recorded on February 1, dropping to 5.2392.

This high-to-low spread represents a total annual volatility of 0.6084 RON. From a start-to-finish perspective, comparing the January average rate of 5.3735 to the December average rate of 5.7583, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 5.8475 was down 4.58% compared to the 2017 peak of 6.1285, 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 29,238 RON
2017 Average 28,553 RON
Yearly Trough Low 26,196 RON
Transaction Impact: A difference of 3,041.80 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5.8254
5.2685
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 5.4218, compared to 5.6928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2710 points.

H1 Avg (Jan–Jun) 5.4218
H2 Avg (Jul–Dec) 5.6928

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.2388 RON (High: 5.6762 / Low: 5.4374). On the other end, September was the most stable month, with a tight range of 0.0885 RON (High: 5.6585 / Low: 5.5700).

May Spread (Volatile) ±0.2388
September Spread (Stable) ±0.0885

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0586 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 5.7789) against the same month in 2017 (average: 5.5627), the exchange rate shifted by +0.2163 (+3.89%).

2018 Avg (November) 5.7789
2017 Avg (November) 5.5627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.4856 5.2781 5.3735
February 5.3873 5.2392 5.3149
March 5.3746 5.2608 5.3294
April 5.4372 5.2741 5.3512
May 5.6762 5.4374 5.5350
June 5.6801 5.5660 5.6267
July 5.6462 5.5499 5.6053
August 5.7970 5.5793 5.6719
September 5.6585 5.5700 5.6165
October 5.8098 5.6731 5.7256
November 5.8475 5.7433 5.7789
December 5.8073 5.6993 5.7583