2023 AFN to RON Historical Review

YEARLY HIGH

0.0667 RON

YEARLY LOW

0.0492 RON

YEARLY AVERAGE

0.0557 RON

2023 AFN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0667. Conversely, the yearly low was recorded on April 18, dropping to 0.0492.

This high-to-low spread represents a total annual volatility of 0.0175 RON. From a start-to-finish perspective, comparing the January average rate of 0.0514 to the December average rate of 0.0651, the exchange rate registered a net change of 26.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0667 was up 11.72% compared to the 2022 peak of 0.0597, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 333 RON

2022 Average 261 RON

Yearly Trough Low 246 RON

Transaction Impact: A difference of 87.46 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0665

0.0498

JanuMarcMayJulySeptNove

AFN 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 0.0520, compared to 0.0594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.0520

H2 Avg (Jul–Dec) 0.0594

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0068 RON (High: 0.0631 / Low: 0.0563). On the other end, March was the most stable month, with a tight range of 0.0018 RON (High: 0.0535 / Low: 0.0517).

September Spread (Volatile) ±0.0068

March Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0651) against the same month in 2022 (average: 0.0531), the exchange rate shifted by +0.0119 (+22.48%).

2023 Avg (December) 0.0651

2022 Avg (December) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0532	0.0502	0.0514
February	0.0529	0.0496	0.0512
March	0.0535	0.0517	0.0525
April	0.0528	0.0492	0.0520
May	0.0533	0.0507	0.0521
June	0.0539	0.0518	0.0528
July	0.0531	0.0505	0.0516
August	0.0561	0.0517	0.0537
September	0.0631	0.0563	0.0597
October	0.0638	0.0603	0.0623
November	0.0664	0.0624	0.0643
December	0.0667	0.0637	0.0651