2023 MOP to RON Historical Review

YEARLY HIGH

0.5890 RON

YEARLY LOW

0.5459 RON

YEARLY AVERAGE

0.5675 RON

2023 MOP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.5890. Conversely, the yearly low was recorded on July 13, dropping to 0.5459.

This high-to-low spread represents a total annual volatility of 0.0431 RON. From a start-to-finish perspective, comparing the January average rate of 0.5672 to the December average rate of 0.5652, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5890 was down 7.57% compared to the 2022 peak of 0.6372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,945 RON

2022 Average 2,906 RON

Yearly Trough Low 2,730 RON

Transaction Impact: A difference of 215.31 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5865

0.5529

JanuMarcMayJulySeptNove

MOP 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 0.5657, compared to 0.5693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.5657

H2 Avg (Jul–Dec) 0.5693

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0280 RON (High: 0.5824 / Low: 0.5544). On the other end, August was the most stable month, with a tight range of 0.0082 RON (High: 0.5661 / Low: 0.5580).

January Spread (Volatile) ±0.0280

August Spread (Stable) ±0.0082

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 March and April, when the average rate fell by 0.0124 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5837) against the same month in 2022 (average: 0.6198), the exchange rate shifted by -0.0362 (-5.83%).

2023 Avg (October) 0.5837

2022 Avg (October) 0.6198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5824	0.5544	0.5672
February	0.5774	0.5519	0.5675
March	0.5789	0.5598	0.5700
April	0.5675	0.5526	0.5576
May	0.5751	0.5508	0.5645
June	0.5751	0.5599	0.5672
July	0.5669	0.5459	0.5557
August	0.5661	0.5580	0.5621
September	0.5874	0.5675	0.5769
October	0.5890	0.5780	0.5837
November	0.5829	0.5629	0.5721
December	0.5739	0.5551	0.5652