2023 BOB to RON Historical Review

YEARLY HIGH

0.6875 RON

YEARLY LOW

0.6366 RON

YEARLY AVERAGE

0.6622 RON

2023 BOB to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.6875. Conversely, the yearly low was recorded on July 14, dropping to 0.6366.

This high-to-low spread represents a total annual volatility of 0.0509 RON. From a start-to-finish perspective, comparing the January average rate of 0.6611 to the December average rate of 0.6580, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6875 was down 7.80% compared to the 2022 peak of 0.7456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,437 RON

2022 Average 3,401 RON

Yearly Trough Low 3,183 RON

Transaction Impact: A difference of 254.62 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6843

0.6440

JanuMarcMayJulySeptNove

BOB 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 0.6609, compared to 0.6635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.6609

H2 Avg (Jul–Dec) 0.6635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0306 RON (High: 0.6778 / Low: 0.6472). On the other end, October was the most stable month, with a tight range of 0.0132 RON (High: 0.6875 / Low: 0.6743).

January Spread (Volatile) ±0.0306

October Spread (Stable) ±0.0132

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 0.0152 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.6809) against the same month in 2022 (average: 0.7250), the exchange rate shifted by -0.0441 (-6.08%).

2023 Avg (October) 0.6809

2022 Avg (October) 0.7250

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6778	0.6472	0.6611
February	0.6755	0.6451	0.6638
March	0.6774	0.6530	0.6668
April	0.6640	0.6467	0.6519
May	0.6717	0.6445	0.6596
June	0.6719	0.6535	0.6623
July	0.6622	0.6366	0.6474
August	0.6617	0.6482	0.6557
September	0.6846	0.6628	0.6734
October	0.6875	0.6743	0.6809
November	0.6797	0.6543	0.6657
December	0.6679	0.6468	0.6580