2023 ILS to RON Historical Review

YEARLY HIGH

1.3543 RON

YEARLY LOW

1.1462 RON

YEARLY AVERAGE

1.2427 RON

2023 ILS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.3543. Conversely, the yearly low was recorded on October 23, dropping to 1.1462.

This high-to-low spread represents a total annual volatility of 0.2082 RON. From a start-to-finish perspective, comparing the January average rate of 1.3265 to the December average rate of 1.2422, the exchange rate registered a net change of -6.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3543 was down 9.87% compared to the 2022 peak of 1.5026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,772 RON

2022 Average 6,980 RON

Yearly Trough Low 5,731 RON

Transaction Impact: A difference of 1,040.92 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3409

1.1678

JanuMarcMayJulySeptNove

ILS 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 1.2719, compared to 1.2135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0584 points.

H1 Avg (Jan–Jun) 1.2719

H2 Avg (Jul–Dec) 1.2135

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0892 RON (High: 1.2354 / Low: 1.1462). On the other end, December was the most stable month, with a tight range of 0.0279 RON (High: 1.2522 / Low: 1.2243).

October Spread (Volatile) ±0.0892

December Spread (Stable) ±0.0279

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 0.0378 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.3265) against the same month in 2022 (average: 1.3928), the exchange rate shifted by -0.0663 (-4.76%).

2023 Avg (January) 1.3265

2022 Avg (January) 1.3928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3543	1.3079	1.3265
February	1.3265	1.2661	1.2947
March	1.3004	1.2490	1.2727
April	1.2716	1.2213	1.2391
May	1.2673	1.2234	1.2413
June	1.2920	1.2253	1.2569
July	1.2331	1.1997	1.2190
August	1.2322	1.1934	1.2100
September	1.2362	1.2017	1.2189
October	1.2354	1.1462	1.1822
November	1.2299	1.1694	1.2085
December	1.2522	1.2243	1.2422