YEARLY HIGH
2.6363 RON
YEARLY LOW
2.4405 RON
YEARLY AVERAGE
2.5391 RON

2023 ANG to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.6363. Conversely, the yearly low was recorded on July 14, dropping to 2.4405.

This high-to-low spread represents a total annual volatility of 0.1958 RON. From a start-to-finish perspective, comparing the January average rate of 2.5346 to the December average rate of 2.5229, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6363 was down 7.78% compared to the 2022 peak of 2.8588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,181 RON
2022 Average 13,009 RON
Yearly Trough Low 12,203 RON
Transaction Impact: A difference of 978.83 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6232
2.4697
JanuMarcMayJulySeptNove

ANG 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 2.5343, compared to 2.5439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 2.5343
H2 Avg (Jul–Dec) 2.5439

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1180 RON (High: 2.5990 / Low: 2.4810). On the other end, October was the most stable month, with a tight range of 0.0509 RON (High: 2.6363 / Low: 2.5854).

January Spread (Volatile) ±0.1180
October Spread (Stable) ±0.0509

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 0.0582 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.6104) against the same month in 2022 (average: 2.7811), the exchange rate shifted by -0.1708 (-6.14%).

2023 Avg (October) 2.6104
2022 Avg (October) 2.7811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5990 2.4810 2.5346
February 2.5898 2.4736 2.5451
March 2.5972 2.5110 2.5568
April 2.5459 2.4794 2.5015
May 2.5755 2.4714 2.5287
June 2.5761 2.5055 2.5392
July 2.5390 2.4405 2.4825
August 2.5372 2.4853 2.5138
September 2.6249 2.5408 2.5816
October 2.6363 2.5854 2.6104
November 2.6060 2.5084 2.5521
December 2.5608 2.4799 2.5229