2023 BAM to RON Historical Review

YEARLY HIGH

2.5649 RON

YEARLY LOW

2.4819 RON

YEARLY AVERAGE

2.5298 RON

2023 BAM to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 2.5649. Conversely, the yearly low was recorded on January 7, dropping to 2.4819.

This high-to-low spread represents a total annual volatility of 0.0829 RON. From a start-to-finish perspective, comparing the January average rate of 2.5131 to the December average rate of 2.5401, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5649 was down 0.14% compared to the 2022 peak of 2.5684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,824 RON

2022 Average 12,607 RON

Yearly Trough Low 12,410 RON

Transaction Impact: A difference of 414.74 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5467

2.5095

JanuMarcMayJulySeptNove

BAM 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 2.5233, compared to 2.5363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 2.5233

H2 Avg (Jul–Dec) 2.5363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0593 RON (High: 2.5413 / Low: 2.4819). On the other end, August was the most stable month, with a tight range of 0.0255 RON (High: 2.5378 / Low: 2.5123).

January Spread (Volatile) ±0.0593

August Spread (Stable) ±0.0255

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0085 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.5436) against the same month in 2022 (average: 2.5130), the exchange rate shifted by +0.0306 (+1.22%).

2023 Avg (September) 2.5436

2022 Avg (September) 2.5130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5413	2.4819	2.5131
February	2.5320	2.4827	2.5126
March	2.5439	2.4984	2.5183
April	2.5545	2.5085	2.5271
May	2.5528	2.5099	2.5334
June	2.5529	2.5108	2.5351
July	2.5552	2.5023	2.5266
August	2.5378	2.5123	2.5280
September	2.5649	2.5302	2.5436
October	2.5588	2.5265	2.5406
November	2.5523	2.5059	2.5389
December	2.5562	2.5173	2.5401