YEARLY HIGH
0.1072 RON
YEARLY LOW
0.0965 RON
YEARLY AVERAGE
0.1014 RON

2023 MUR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1072. Conversely, the yearly low was recorded on July 26, dropping to 0.0965.

This high-to-low spread represents a total annual volatility of 0.0107 RON. From a start-to-finish perspective, comparing the January average rate of 0.1035 to the December average rate of 0.1031, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1072 was down 7.72% compared to the 2022 peak of 0.1162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 536 RON
2022 Average 530 RON
Yearly Trough Low 483 RON
Transaction Impact: A difference of 53.50 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1069
0.0973
JanuMarcMayJulySeptNove

MUR 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 0.1005, compared to 0.1024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1005
H2 Avg (Jul–Dec) 0.1024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0081 RON (High: 0.1064 / Low: 0.0983). On the other end, April was the most stable month, with a tight range of 0.0018 RON (High: 0.1006 / Low: 0.0988).

September Spread (Volatile) ±0.0081
April Spread (Stable) ±0.0018

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 January and February, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1035) against the same month in 2022 (average: 0.1000), the exchange rate shifted by +0.0035 (+3.49%).

2023 Avg (January) 0.1035
2022 Avg (January) 0.1000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1072 0.0998 0.1035
February 0.1018 0.0990 0.1003
March 0.1006 0.0973 0.0991
April 0.1006 0.0988 0.0998
May 0.1017 0.0982 0.1003
June 0.1020 0.0986 0.1003
July 0.1001 0.0965 0.0981
August 0.1007 0.0984 0.0996
September 0.1064 0.0983 0.1034
October 0.1070 0.1050 0.1061
November 0.1061 0.1018 0.1039
December 0.1047 0.1003 0.1031