2023 EGP to RON Historical Review

YEARLY HIGH

0.1887 RON

YEARLY LOW

0.1422 RON

YEARLY AVERAGE

0.1494 RON

2023 EGP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1887. Conversely, the yearly low was recorded on July 16, dropping to 0.1422.

This high-to-low spread represents a total annual volatility of 0.0465 RON. From a start-to-finish perspective, comparing the January average rate of 0.1604 to the December average rate of 0.1473, the exchange rate registered a net change of -8.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1887 was down 34.80% compared to the 2022 peak of 0.2895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 944 RON

2022 Average 1,240 RON

Yearly Trough Low 711 RON

Transaction Impact: A difference of 232.60 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1620

0.1432

JanuMarcMayJulySeptNove

EGP 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 0.1504, compared to 0.1484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1504

H2 Avg (Jul–Dec) 0.1484

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0390 RON (High: 0.1887 / Low: 0.1498). On the other end, October was the most stable month, with a tight range of 0.0030 RON (High: 0.1537 / Low: 0.1508).

January Spread (Volatile) ±0.0390

October Spread (Stable) ±0.0030

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 January and February, when the average rate fell by 0.0099 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1604) against the same month in 2022 (average: 0.2779), the exchange rate shifted by -0.1175 (-42.27%).

2023 Avg (January) 0.1604

2022 Avg (January) 0.2779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1887	0.1498	0.1604
February	0.1529	0.1476	0.1505
March	0.1517	0.1464	0.1494
April	0.1486	0.1444	0.1460
May	0.1503	0.1438	0.1477
June	0.1505	0.1461	0.1481
July	0.1476	0.1422	0.1447
August	0.1480	0.1450	0.1466
September	0.1533	0.1483	0.1506
October	0.1537	0.1508	0.1522
November	0.1519	0.1462	0.1488
December	0.1494	0.1453	0.1473