2023 MVR to RON Historical Review

YEARLY HIGH

0.3092 RON

YEARLY LOW

0.2853 RON

YEARLY AVERAGE

0.2976 RON

2023 MVR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.3092. Conversely, the yearly low was recorded on July 15, dropping to 0.2853.

This high-to-low spread represents a total annual volatility of 0.0240 RON. From a start-to-finish perspective, comparing the January average rate of 0.2969 to the December average rate of 0.2961, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3092 was down 7.23% compared to the 2022 peak of 0.3333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,546 RON

2022 Average 1,520 RON

Yearly Trough Low 1,426 RON

Transaction Impact: A difference of 119.78 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3070

0.2892

JanuMarcMayJulySeptNove

MVR 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 0.2972, compared to 0.2980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2972

H2 Avg (Jul–Dec) 0.2980

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0140 RON (High: 0.3042 / Low: 0.2902). On the other end, August was the most stable month, with a tight range of 0.0052 RON (High: 0.2969 / Low: 0.2917).

February Spread (Volatile) ±0.0140

August Spread (Stable) ±0.0052

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 0.0076 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3055) against the same month in 2022 (average: 0.3245), the exchange rate shifted by -0.0190 (-5.85%).

2023 Avg (October) 0.3055

2022 Avg (October) 0.3245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3041	0.2916	0.2969
February	0.3042	0.2902	0.2988
March	0.3038	0.2950	0.2993
April	0.2983	0.2905	0.2933
May	0.3032	0.2901	0.2969
June	0.3024	0.2942	0.2982
July	0.2970	0.2853	0.2907
August	0.2969	0.2917	0.2947
September	0.3064	0.2976	0.3017
October	0.3092	0.3025	0.3055
November	0.3052	0.2940	0.2991
December	0.3007	0.2914	0.2961