2023 ISK to RON Historical Review

YEARLY HIGH

0.0348 RON

YEARLY LOW

0.0312 RON

YEARLY AVERAGE

0.0332 RON

2023 ISK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.0348. Conversely, the yearly low was recorded on January 25, dropping to 0.0312.

This high-to-low spread represents a total annual volatility of 0.0036 RON. From a start-to-finish perspective, comparing the January average rate of 0.0320 to the December average rate of 0.0330, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0348 was down 4.11% compared to the 2022 peak of 0.0363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174 RON

2022 Average 173 RON

Yearly Trough Low 156 RON

Transaction Impact: A difference of 18.01 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0346

0.0317

JanuMarcMayJulySeptNove

ISK 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 0.0327, compared to 0.0337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0327

H2 Avg (Jul–Dec) 0.0337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0016 RON (High: 0.0327 / Low: 0.0312). On the other end, December was the most stable month, with a tight range of 0.0004 RON (High: 0.0331 / Low: 0.0327).

January Spread (Volatile) ±0.0016

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0344) against the same month in 2022 (average: 0.0348), the exchange rate shifted by -0.0005 (-1.38%).

2023 Avg (August) 0.0344

2022 Avg (August) 0.0348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0327	0.0312	0.0320
February	0.0324	0.0317	0.0321
March	0.0335	0.0325	0.0329
April	0.0332	0.0328	0.0330
May	0.0333	0.0326	0.0329
June	0.0336	0.0329	0.0332
July	0.0342	0.0332	0.0337
August	0.0348	0.0341	0.0344
September	0.0348	0.0342	0.0344
October	0.0343	0.0337	0.0339
November	0.0336	0.0323	0.0328
December	0.0331	0.0327	0.0330