2023 AWG to RON Historical Review

YEARLY HIGH

2.6369 RON

YEARLY LOW

2.4386 RON

YEARLY AVERAGE

2.5401 RON

2023 AWG to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 2.6369. Conversely, the yearly low was recorded on July 16, dropping to 2.4386.

This high-to-low spread represents a total annual volatility of 0.1983 RON. From a start-to-finish perspective, comparing the January average rate of 2.5362 to the December average rate of 2.5271, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6369 was down 7.76% compared to the 2022 peak of 2.8589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,184 RON

2022 Average 13,024 RON

Yearly Trough Low 12,193 RON

Transaction Impact: A difference of 991.38 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6236

2.4672

JanuMarcMayJulySeptNove

AWG 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 2.5347, compared to 2.5456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 2.5347

H2 Avg (Jul–Dec) 2.5456

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1176 RON (High: 2.5940 / Low: 2.4764). On the other end, August was the most stable month, with a tight range of 0.0508 RON (High: 2.5402 / Low: 2.4894).

February Spread (Volatile) ±0.1176

August Spread (Stable) ±0.0508

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 June and July, when the average rate fell by 0.0598 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0598

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.6106) against the same month in 2022 (average: 2.7820), the exchange rate shifted by -0.1714 (-6.16%).

2023 Avg (October) 2.6106

2022 Avg (October) 2.7820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5999	2.4868	2.5362
February	2.5940	2.4764	2.5473
March	2.5904	2.5143	2.5550
April	2.5434	2.4787	2.5003
May	2.5736	2.4703	2.5293
June	2.5752	2.5049	2.5401
July	2.5331	2.4386	2.4803
August	2.5402	2.4894	2.5152
September	2.6308	2.5462	2.5835
October	2.6369	2.5841	2.6106
November	2.6042	2.5099	2.5570
December	2.5643	2.4845	2.5271