YEARLY HIGH
0.0557 RON
YEARLY LOW
0.0500 RON
YEARLY AVERAGE
0.0521 RON

2023 KGS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0557. Conversely, the yearly low was recorded on July 16, dropping to 0.0500.

This high-to-low spread represents a total annual volatility of 0.0057 RON. From a start-to-finish perspective, comparing the January average rate of 0.0534 to the December average rate of 0.0511, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0557 was down 12.62% compared to the 2022 peak of 0.0638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279 RON
2022 Average 279 RON
Yearly Trough Low 250 RON
Transaction Impact: A difference of 28.59 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0536
0.0507
JanuMarcMayJulySeptNove

KGS 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 0.0524, compared to 0.0517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0524
H2 Avg (Jul–Dec) 0.0517

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0038 RON (High: 0.0557 / Low: 0.0520). On the other end, August was the most stable month, with a tight range of 0.0008 RON (High: 0.0518 / Low: 0.0510).

January Spread (Volatile) ±0.0038
August Spread (Stable) ±0.0008

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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0534) against the same month in 2022 (average: 0.0515), the exchange rate shifted by +0.0019 (+3.63%).

2023 Avg (January) 0.0534
2022 Avg (January) 0.0515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0557 0.0520 0.0534
February 0.0534 0.0517 0.0527
March 0.0533 0.0518 0.0526
April 0.0524 0.0510 0.0515
May 0.0530 0.0509 0.0521
June 0.0531 0.0517 0.0523
July 0.0521 0.0500 0.0509
August 0.0518 0.0510 0.0514
September 0.0534 0.0519 0.0525
October 0.0536 0.0521 0.0528
November 0.0526 0.0508 0.0515
December 0.0517 0.0503 0.0511