2023 COP to RON Historical Review

YEARLY HIGH

0.0012 RON

YEARLY LOW

0.0009 RON

YEARLY AVERAGE

0.0011 RON

2023 COP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0012. Conversely, the yearly low was recorded on February 22, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0003 RON. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0012, the exchange rate registered a net change of 18.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0012 was down 2.78% compared to the 2022 peak of 0.0012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,962 RON

2022 Average 5,536 RON

Yearly Trough Low 4,661 RON

Transaction Impact: A difference of 1,300.66 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0012

0.0009

JanuMarcMayJulySeptNove

COP 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 0.0010, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0010

H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0001 RON (High: 0.0011 / Low: 0.0010). On the other end, December was the most stable month, with a tight range of 0.0000 RON (High: 0.0012 / Low: 0.0011).

May Spread (Volatile) ±0.0001

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0012) against the same month in 2022 (average: 0.0011), the exchange rate shifted by +0.0000 (+3.96%).

2023 Avg (September) 0.0012

2022 Avg (September) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0010	0.0009	0.0010
February	0.0010	0.0009	0.0010
March	0.0010	0.0009	0.0010
April	0.0010	0.0010	0.0010
May	0.0011	0.0010	0.0010
June	0.0011	0.0010	0.0011
July	0.0011	0.0011	0.0011
August	0.0011	0.0011	0.0011
September	0.0012	0.0011	0.0012
October	0.0012	0.0011	0.0011
November	0.0012	0.0011	0.0011
December	0.0012	0.0011	0.0012