2023 BZD to RON Historical Review

YEARLY HIGH

2.3568 RON

YEARLY LOW

2.1821 RON

YEARLY AVERAGE

2.2705 RON

2023 BZD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.3568. Conversely, the yearly low was recorded on July 14, dropping to 2.1821.

This high-to-low spread represents a total annual volatility of 0.1747 RON. From a start-to-finish perspective, comparing the January average rate of 2.2662 to the December average rate of 2.2557, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3568 was down 7.80% compared to the 2022 peak of 2.5561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,784 RON

2022 Average 11,631 RON

Yearly Trough Low 10,910 RON

Transaction Impact: A difference of 873.70 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3456

2.2083

JanuMarcMayJulySeptNove

BZD 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 2.2664, compared to 2.2746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 2.2664

H2 Avg (Jul–Dec) 2.2746

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1050 RON (High: 2.3238 / Low: 2.2188). On the other end, October was the most stable month, with a tight range of 0.0452 RON (High: 2.3568 / Low: 2.3116).

January Spread (Volatile) ±0.1050

October Spread (Stable) ±0.0452

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 0.0520 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.3342) against the same month in 2022 (average: 2.4879), the exchange rate shifted by -0.1538 (-6.18%).

2023 Avg (October) 2.3342

2022 Avg (October) 2.4879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3238	2.2188	2.2662
February	2.3156	2.2116	2.2756
March	2.3221	2.2531	2.2884
April	2.2762	2.2169	2.2366
May	2.3024	2.2095	2.2614
June	2.3032	2.2402	2.2703
July	2.2702	2.1821	2.2197
August	2.2685	2.2221	2.2476
September	2.3468	2.2722	2.3083
October	2.3568	2.3116	2.3342
November	2.3298	2.2428	2.2821
December	2.2896	2.2173	2.2557