YEARLY HIGH
0.4489 RON
YEARLY LOW
0.4104 RON
YEARLY AVERAGE
0.4265 RON

2024 TJS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4489. Conversely, the yearly low was recorded on January 1, dropping to 0.4104.

This high-to-low spread represents a total annual volatility of 0.0384 RON. From a start-to-finish perspective, comparing the January average rate of 0.4175 to the December average rate of 0.4353, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4489 was down 3.63% compared to the 2023 peak of 0.4658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,244 RON
2023 Average 2,118 RON
Yearly Trough Low 2,052 RON
Transaction Impact: A difference of 192.24 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4413
0.4153
JanuMarcMayJulySeptNove

TJS 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 0.4230, compared to 0.4300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.4230
H2 Avg (Jul–Dec) 0.4300

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0218 RON (High: 0.4489 / Low: 0.4271). On the other end, September was the most stable month, with a tight range of 0.0059 RON (High: 0.4240 / Low: 0.4181).

November Spread (Volatile) ±0.0218
September Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.4392) against the same month in 2023 (average: 0.4203), the exchange rate shifted by +0.0189 (+4.49%).

2024 Avg (November) 0.4392
2023 Avg (November) 0.4203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4223 0.4104 0.4175
February 0.4242 0.4178 0.4211
March 0.4218 0.4145 0.4180
April 0.4292 0.4179 0.4244
May 0.4291 0.4198 0.4243
June 0.4390 0.4250 0.4328
July 0.4350 0.4268 0.4308
August 0.4355 0.4178 0.4257
September 0.4240 0.4181 0.4206
October 0.4337 0.4226 0.4285
November 0.4489 0.4271 0.4392
December 0.4413 0.4301 0.4353