2023 GTQ to RON Historical Review

YEARLY HIGH

0.6046 RON

YEARLY LOW

0.5605 RON

YEARLY AVERAGE

0.5842 RON

2023 GTQ to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.6046. Conversely, the yearly low was recorded on July 14, dropping to 0.5605.

This high-to-low spread represents a total annual volatility of 0.0441 RON. From a start-to-finish perspective, comparing the January average rate of 0.5821 to the December average rate of 0.5811, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6046 was down 7.95% compared to the 2022 peak of 0.6568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,023 RON

2022 Average 3,024 RON

Yearly Trough Low 2,803 RON

Transaction Impact: A difference of 220.64 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6027

0.5672

JanuMarcMayJulySeptNove

GTQ 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 0.5841, compared to 0.5844 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) 0.5841

H2 Avg (Jul–Dec) 0.5844

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0297 RON (High: 0.5976 / Low: 0.5679). On the other end, October was the most stable month, with a tight range of 0.0103 RON (High: 0.6046 / Low: 0.5943).

February Spread (Volatile) ±0.0297

October Spread (Stable) ±0.0103

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 0.0139 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5997) against the same month in 2022 (average: 0.6373), the exchange rate shifted by -0.0376 (-5.90%).

2023 Avg (October) 0.5997

2022 Avg (October) 0.6373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5969	0.5700	0.5821
February	0.5976	0.5679	0.5857
March	0.6001	0.5802	0.5906
April	0.5883	0.5731	0.5781
May	0.5936	0.5707	0.5839
June	0.5929	0.5760	0.5841
July	0.5833	0.5605	0.5702
August	0.5823	0.5697	0.5766
September	0.6018	0.5816	0.5913
October	0.6046	0.5943	0.5997
November	0.5990	0.5772	0.5874
December	0.5896	0.5713	0.5811