YEARLY HIGH
1.2938 RON
YEARLY LOW
1.1967 RON
YEARLY AVERAGE
1.2454 RON

2023 AED to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.2938. Conversely, the yearly low was recorded on July 16, dropping to 1.1967.

This high-to-low spread represents a total annual volatility of 0.0971 RON. From a start-to-finish perspective, comparing the January average rate of 1.2437 to the December average rate of 1.2394, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2938 was down 7.78% compared to the 2022 peak of 1.4030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,469 RON
2022 Average 6,383 RON
Yearly Trough Low 5,984 RON
Transaction Impact: A difference of 485.67 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2864
1.2104
JanuMarcMayJulySeptNove

AED 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 1.2430, compared to 1.2478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 1.2430
H2 Avg (Jul–Dec) 1.2478

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0576 RON (High: 1.2712 / Low: 1.2136). On the other end, August was the most stable month, with a tight range of 0.0249 RON (High: 1.2449 / Low: 1.2199).

February Spread (Volatile) ±0.0576
August Spread (Stable) ±0.0249

Growth Streaks & Declines

Trends

Between July and October, 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 0.0291 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.2800) against the same month in 2022 (average: 1.3641), the exchange rate shifted by -0.0841 (-6.16%).

2023 Avg (October) 1.2800
2022 Avg (October) 1.3641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2759 1.2187 1.2437
February 1.2712 1.2136 1.2489
March 1.2695 1.2323 1.2528
April 1.2466 1.2150 1.2264
May 1.2630 1.2125 1.2407
June 1.2638 1.2292 1.2457
July 1.2414 1.1967 1.2167
August 1.2449 1.2199 1.2334
September 1.2893 1.2478 1.2665
October 1.2938 1.2681 1.2800
November 1.2780 1.2302 1.2510
December 1.2577 1.2194 1.2394