YEARLY HIGH
0.0304 RON
YEARLY LOW
0.0238 RON
YEARLY AVERAGE
0.0263 RON

2023 LRD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0304. Conversely, the yearly low was recorded on December 27, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0066 RON. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0242, the exchange rate registered a net change of -17.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0304 was down 9.55% compared to the 2022 peak of 0.0336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152 RON
2022 Average 153 RON
Yearly Trough Low 119 RON
Transaction Impact: A difference of 33.00 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0299
0.0237
JanuMarcMayJulySeptNove

LRD 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 0.0281, compared to 0.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0281
H2 Avg (Jul–Dec) 0.0246

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0022 RON (High: 0.0274 / Low: 0.0252). On the other end, October was the most stable month, with a tight range of 0.0005 RON (High: 0.0255 / Low: 0.0249).

June Spread (Volatile) ±0.0022
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and October, 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 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0293) against the same month in 2022 (average: 0.0284), the exchange rate shifted by +0.0010 (+3.37%).

2023 Avg (February) 0.0293
2022 Avg (February) 0.0284

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0303 0.0286 0.0294
February 0.0304 0.0284 0.0293
March 0.0298 0.0280 0.0289
April 0.0282 0.0271 0.0276
May 0.0276 0.0269 0.0273
June 0.0274 0.0252 0.0262
July 0.0252 0.0238 0.0243
August 0.0246 0.0240 0.0243
September 0.0254 0.0246 0.0250
October 0.0255 0.0249 0.0252
November 0.0250 0.0240 0.0245
December 0.0245 0.0238 0.0242