2023 CNY to RON Historical Review

YEARLY HIGH

0.6811 RON

YEARLY LOW

0.6098 RON

YEARLY AVERAGE

0.6471 RON

2023 CNY to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.6811. Conversely, the yearly low was recorded on July 19, dropping to 0.6098.

This high-to-low spread represents a total annual volatility of 0.0713 RON. From a start-to-finish perspective, comparing the January average rate of 0.6726 to the December average rate of 0.6394, the exchange rate registered a net change of -4.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6811 was down 7.05% compared to the 2022 peak of 0.7328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,028 RON

2022 Average 17,422 RON

Yearly Trough Low 15,246 RON

Transaction Impact: A difference of 1,781.75 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6777

0.6168

JanuMarcMayJulySeptNove

CNY 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 0.6593, compared to 0.6348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 0.6593

H2 Avg (Jul–Dec) 0.6348

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0286 RON (High: 0.6552 / Low: 0.6266). On the other end, August was the most stable month, with a tight range of 0.0124 RON (High: 0.6329 / Low: 0.6205).

June Spread (Volatile) ±0.0286

August Spread (Stable) ±0.0124

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 June and July, when the average rate fell by 0.0178 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6726) against the same month in 2022 (average: 0.6873), the exchange rate shifted by -0.0147 (-2.14%).

2023 Avg (January) 0.6726

2022 Avg (January) 0.6873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6811	0.6599	0.6726
February	0.6738	0.6612	0.6703
March	0.6726	0.6577	0.6675
April	0.6665	0.6457	0.6540
May	0.6576	0.6442	0.6519
June	0.6552	0.6266	0.6396
July	0.6313	0.6098	0.6218
August	0.6329	0.6205	0.6258
September	0.6479	0.6302	0.6379
October	0.6604	0.6367	0.6463
November	0.6477	0.6301	0.6377
December	0.6483	0.6271	0.6394