2023 KES to RON Historical Review

YEARLY HIGH

0.0379 RON

YEARLY LOW

0.0286 RON

YEARLY AVERAGE

0.0329 RON

2023 KES to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0379. Conversely, the yearly low was recorded on December 28, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0093 RON. From a start-to-finish perspective, comparing the January average rate of 0.0369 to the December average rate of 0.0295, the exchange rate registered a net change of -20.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0379 was down 11.17% compared to the 2022 peak of 0.0427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190 RON

2022 Average 199 RON

Yearly Trough Low 143 RON

Transaction Impact: A difference of 46.51 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0376

0.0287

JanuMarcMayJulySeptNove

KES 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 0.0347, compared to 0.0310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0347

H2 Avg (Jul–Dec) 0.0310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0020 RON (High: 0.0364 / Low: 0.0344). On the other end, September was the most stable month, with a tight range of 0.0006 RON (High: 0.0320 / Low: 0.0314).

March Spread (Volatile) ±0.0020

September Spread (Stable) ±0.0006

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 March and April, when the average rate fell by 0.0020 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0369) against the same month in 2022 (average: 0.0385), the exchange rate shifted by -0.0017 (-4.32%).

2023 Avg (January) 0.0369

2022 Avg (January) 0.0385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0379	0.0360	0.0369
February	0.0369	0.0358	0.0365
March	0.0364	0.0344	0.0355
April	0.0346	0.0329	0.0335
May	0.0337	0.0328	0.0332
June	0.0337	0.0322	0.0328
July	0.0329	0.0310	0.0316
August	0.0320	0.0311	0.0315
September	0.0320	0.0314	0.0317
October	0.0320	0.0311	0.0315
November	0.0312	0.0296	0.0302
December	0.0301	0.0286	0.0295