2023 BBD to RON Historical Review

YEARLY HIGH

2.3761 RON

YEARLY LOW

2.1978 RON

YEARLY AVERAGE

2.2871 RON

2023 BBD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.3761. Conversely, the yearly low was recorded on July 16, dropping to 2.1978.

This high-to-low spread represents a total annual volatility of 0.1784 RON. From a start-to-finish perspective, comparing the January average rate of 2.2840 to the December average rate of 2.2758, 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 2.3761 was down 7.78% compared to the 2022 peak of 2.5766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,881 RON

2022 Average 11,722 RON

Yearly Trough Low 10,989 RON

Transaction Impact: A difference of 891.75 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3624

2.2228

JanuMarcMayJulySeptNove

BBD 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 2.2827, compared to 2.2916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 2.2827

H2 Avg (Jul–Dec) 2.2916

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1058 RON (High: 2.3346 / Low: 2.2288). On the other end, August was the most stable month, with a tight range of 0.0457 RON (High: 2.2862 / Low: 2.2405).

February Spread (Volatile) ±0.1058

August Spread (Stable) ±0.0457

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 0.0535 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.3508) against the same month in 2022 (average: 2.5052), the exchange rate shifted by -0.1544 (-6.16%).

2023 Avg (October) 2.3508

2022 Avg (October) 2.5052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3432	2.2382	2.2840
February	2.3346	2.2288	2.2937
March	2.3314	2.2629	2.3006
April	2.2891	2.2308	2.2519
May	2.3195	2.2264	2.2780
June	2.3209	2.2575	2.2878
July	2.2798	2.1978	2.2345
August	2.2862	2.2405	2.2652
September	2.3678	2.2915	2.3259
October	2.3761	2.3289	2.3508
November	2.3470	2.2589	2.2973
December	2.3094	2.2392	2.2758