2023 FJD to RON Historical Review

YEARLY HIGH

2.1248 RON

YEARLY LOW

1.9808 RON

YEARLY AVERAGE

2.0518 RON

2023 FJD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.1248. Conversely, the yearly low was recorded on August 18, dropping to 1.9808.

This high-to-low spread represents a total annual volatility of 0.1440 RON. From a start-to-finish perspective, comparing the January average rate of 2.0973 to the December average rate of 2.0545, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1248 was down 5.76% compared to the 2022 peak of 2.2546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,624 RON

2022 Average 10,706 RON

Yearly Trough Low 9,904 RON

Transaction Impact: A difference of 719.84 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1062

1.9993

JanuMarcMayJulySeptNove

FJD 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 2.0668, compared to 2.0367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 2.0668

H2 Avg (Jul–Dec) 2.0367

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0862 RON (High: 2.0787 / Low: 1.9925). On the other end, December was the most stable month, with a tight range of 0.0277 RON (High: 2.0628 / Low: 2.0351).

May Spread (Volatile) ±0.0862

December Spread (Stable) ±0.0277

Growth Streaks & Declines

Trends

Between April and June, 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 0.0409 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.0973) against the same month in 2022 (average: 2.0505), the exchange rate shifted by +0.0468 (+2.28%).

2023 Avg (January) 2.0973

2022 Avg (January) 2.0505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1248	2.0621	2.0973
February	2.1043	2.0576	2.0908
March	2.0983	2.0479	2.0745
April	2.0664	1.9943	2.0350
May	2.0787	1.9925	2.0477
June	2.0783	2.0097	2.0558
July	2.0481	1.9819	2.0149
August	2.0280	1.9808	2.0082
September	2.0760	2.0275	2.0483
October	2.0850	2.0405	2.0609
November	2.0607	1.9921	2.0335
December	2.0628	2.0351	2.0545