YEARLY HIGH
0.0357 RON
YEARLY LOW
0.0303 RON
YEARLY AVERAGE
0.0326 RON

2023 JPY to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0357. Conversely, the yearly low was recorded on November 15, dropping to 0.0303.

This high-to-low spread represents a total annual volatility of 0.0054 RON. From a start-to-finish perspective, comparing the January average rate of 0.0351 to the December average rate of 0.0317, the exchange rate registered a net change of -9.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0357 was down 9.58% compared to the 2022 peak of 0.0395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 17,848 RON
2022 Average 17,891 RON
Yearly Trough Low 15,135 RON
Transaction Impact: A difference of 2,713.43 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0355
0.0302
JanuMarcMayJulySeptNove

JPY 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 0.0339, compared to 0.0314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0339
H2 Avg (Jul–Dec) 0.0314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0018 RON (High: 0.0333 / Low: 0.0315). On the other end, September was the most stable month, with a tight range of 0.0004 RON (High: 0.0317 / Low: 0.0313).

June Spread (Volatile) ±0.0018
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0351) against the same month in 2022 (average: 0.0380), the exchange rate shifted by -0.0029 (-7.73%).

2023 Avg (January) 0.0351
2022 Avg (January) 0.0380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0357 0.0345 0.0351
February 0.0349 0.0341 0.0344
March 0.0350 0.0338 0.0344
April 0.0346 0.0328 0.0337
May 0.0336 0.0327 0.0332
June 0.0333 0.0315 0.0324
July 0.0323 0.0313 0.0317
August 0.0317 0.0309 0.0313
September 0.0317 0.0313 0.0315
October 0.0319 0.0310 0.0314
November 0.0312 0.0303 0.0307
December 0.0321 0.0310 0.0317