YEARLY HIGH
0.0780 RON
YEARLY LOW
0.0665 RON
YEARLY AVERAGE
0.0736 RON

2023 GMD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.0780. Conversely, the yearly low was recorded on December 27, dropping to 0.0665.

This high-to-low spread represents a total annual volatility of 0.0115 RON. From a start-to-finish perspective, comparing the January average rate of 0.0736 to the December average rate of 0.0676, the exchange rate registered a net change of -8.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0780 was down 16.89% compared to the 2022 peak of 0.0938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 390 RON
2022 Average 424 RON
Yearly Trough Low 332 RON
Transaction Impact: A difference of 57.41 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0779
0.0666
JanuMarcMayJulySeptNove

GMD 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 0.0749, compared to 0.0722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0749
H2 Avg (Jul–Dec) 0.0722

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0051 RON (High: 0.0772 / Low: 0.0722). On the other end, August was the most stable month, with a tight range of 0.0009 RON (High: 0.0752 / Low: 0.0742).

September Spread (Volatile) ±0.0051
August Spread (Stable) ±0.0009

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 September and October, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0769) against the same month in 2022 (average: 0.0865), the exchange rate shifted by -0.0096 (-11.08%).

2023 Avg (June) 0.0769
2022 Avg (June) 0.0865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0755 0.0724 0.0736
February 0.0764 0.0724 0.0751
March 0.0761 0.0731 0.0750
April 0.0746 0.0717 0.0728
May 0.0779 0.0741 0.0762
June 0.0780 0.0759 0.0769
July 0.0766 0.0737 0.0749
August 0.0752 0.0742 0.0748
September 0.0772 0.0722 0.0753
October 0.0729 0.0710 0.0717
November 0.0722 0.0671 0.0687
December 0.0685 0.0665 0.0676