2023 HTG to RON Historical Review

YEARLY HIGH

0.0354 RON

YEARLY LOW

0.0287 RON

YEARLY AVERAGE

0.0324 RON

2023 HTG to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0354. Conversely, the yearly low was recorded on April 13, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0067 RON. From a start-to-finish perspective, comparing the January average rate of 0.0308 to the December average rate of 0.0344, the exchange rate registered a net change of 11.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0354 was down 20.16% compared to the 2022 peak of 0.0444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 177 RON

2022 Average 201 RON

Yearly Trough Low 144 RON

Transaction Impact: A difference of 33.56 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0357

0.0284

JanuMarcMayJulySeptNove

HTG 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 0.0308, compared to 0.0341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0308

H2 Avg (Jul–Dec) 0.0341

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0042 RON (High: 0.0331 / Low: 0.0289). On the other end, April was the most stable month, with a tight range of 0.0009 RON (High: 0.0296 / Low: 0.0287).

May Spread (Volatile) ±0.0042

April Spread (Stable) ±0.0009

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 March and April, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0351) against the same month in 2022 (average: 0.0403), the exchange rate shifted by -0.0052 (-12.91%).

2023 Avg (October) 0.0351

2022 Avg (October) 0.0403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0318	0.0300	0.0308
February	0.0313	0.0299	0.0305
March	0.0308	0.0292	0.0300
April	0.0296	0.0287	0.0290
May	0.0331	0.0289	0.0314
June	0.0333	0.0325	0.0329
July	0.0330	0.0316	0.0325
August	0.0337	0.0328	0.0333
September	0.0350	0.0338	0.0344
October	0.0354	0.0345	0.0351
November	0.0354	0.0342	0.0347
December	0.0349	0.0339	0.0344