YEARLY HIGH
0.0089 RON
YEARLY LOW
0.0078 RON
YEARLY AVERAGE
0.0085 RON

2023 CRC to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.0089. Conversely, the yearly low was recorded on January 9, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0011 RON. From a start-to-finish perspective, comparing the January average rate of 0.0080 to the December average rate of 0.0087, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0089 was up 8.43% compared to the 2022 peak of 0.0082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44 RON
2022 Average 36 RON
Yearly Trough Low 39 RON
Transaction Impact: A difference of 5.52 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0089
0.0079
JanuMarcMayJulySeptNove

CRC 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 0.0083, compared to 0.0086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0086

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0005 RON (High: 0.0084 / Low: 0.0078). On the other end, December was the most stable month, with a tight range of 0.0002 RON (High: 0.0088 / Low: 0.0086).

February Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0088) against the same month in 2022 (average: 0.0080), the exchange rate shifted by +0.0008 (+10.03%).

2023 Avg (October) 0.0088
2022 Avg (October) 0.0080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0082 0.0078 0.0080
February 0.0084 0.0078 0.0081
March 0.0086 0.0083 0.0084
April 0.0085 0.0083 0.0084
May 0.0086 0.0082 0.0085
June 0.0086 0.0084 0.0085
July 0.0084 0.0081 0.0083
August 0.0085 0.0082 0.0084
September 0.0088 0.0085 0.0087
October 0.0089 0.0087 0.0088
November 0.0088 0.0085 0.0087
December 0.0088 0.0086 0.0087