YEARLY HIGH
0.0854 RON
YEARLY LOW
0.0775 RON
YEARLY AVERAGE
0.0817 RON

2023 DOP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0854. Conversely, the yearly low was recorded on December 28, dropping to 0.0775.

This high-to-low spread represents a total annual volatility of 0.0079 RON. From a start-to-finish perspective, comparing the January average rate of 0.0807 to the December average rate of 0.0794, the exchange rate registered a net change of -1.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0854 was down 11.61% compared to the 2022 peak of 0.0966, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 427 RON
2022 Average 427 RON
Yearly Trough Low 388 RON
Transaction Impact: A difference of 39.42 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0842
0.0790
JanuMarcMayJulySeptNove

DOP 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 0.0826, compared to 0.0809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0826
H2 Avg (Jul–Dec) 0.0809

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0051 RON (High: 0.0838 / Low: 0.0787). On the other end, August was the most stable month, with a tight range of 0.0014 RON (High: 0.0806 / Low: 0.0792).

February Spread (Volatile) ±0.0051
August Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0837) against the same month in 2022 (average: 0.0819), the exchange rate shifted by +0.0019 (+2.30%).

2023 Avg (March) 0.0837
2022 Avg (March) 0.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0833 0.0789 0.0807
February 0.0838 0.0787 0.0817
March 0.0854 0.0826 0.0837
April 0.0835 0.0815 0.0823
May 0.0850 0.0817 0.0835
June 0.0851 0.0821 0.0834
July 0.0827 0.0786 0.0801
August 0.0806 0.0792 0.0800
September 0.0834 0.0804 0.0820
October 0.0837 0.0818 0.0828
November 0.0827 0.0793 0.0810
December 0.0811 0.0775 0.0794