YEARLY HIGH
0.9595 RON
YEARLY LOW
0.8535 RON
YEARLY AVERAGE
0.9164 RON

2023 BRL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.9595. Conversely, the yearly low was recorded on January 3, dropping to 0.8535.

This high-to-low spread represents a total annual volatility of 0.1060 RON. From a start-to-finish perspective, comparing the January average rate of 0.8807 to the December average rate of 0.9295, the exchange rate registered a net change of 5.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9595 was down 2.80% compared to the 2022 peak of 0.9871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 23,988 RON
2022 Average 22,740 RON
Yearly Trough Low 21,338 RON
Transaction Impact: A difference of 2,649.90 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9492
0.8744
JanuMarcMayJulySeptNove

BRL 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 0.9010, compared to 0.9318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0308 points.

H1 Avg (Jan–Jun) 0.9010
H2 Avg (Jul–Dec) 0.9318

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0470 RON (High: 0.9048 / Low: 0.8578). On the other end, December was the most stable month, with a tight range of 0.0207 RON (High: 0.9412 / Low: 0.9206).

March Spread (Volatile) ±0.0470
December Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0118 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.9406) against the same month in 2022 (average: 0.9473), the exchange rate shifted by -0.0067 (-0.71%).

2023 Avg (September) 0.9406
2022 Avg (September) 0.9473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8973 0.8535 0.8807
February 0.9029 0.8608 0.8857
March 0.9048 0.8578 0.8830
April 0.9163 0.8861 0.8981
May 0.9302 0.8889 0.9155
June 0.9524 0.9205 0.9430
July 0.9501 0.9148 0.9314
August 0.9384 0.9088 0.9231
September 0.9595 0.9274 0.9406
October 0.9427 0.9100 0.9288
November 0.9531 0.9236 0.9375
December 0.9412 0.9206 0.9295