YEARLY HIGH
0.0046 RON
YEARLY LOW
0.0027 RON
YEARLY AVERAGE
0.0041 RON

2023 MWK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0046. Conversely, the yearly low was recorded on December 27, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0019 RON. From a start-to-finish perspective, comparing the January average rate of 0.0045 to the December average rate of 0.0027, the exchange rate registered a net change of -39.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0046 was down 21.46% compared to the 2022 peak of 0.0058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 RON
2022 Average 25 RON
Yearly Trough Low 13 RON
Transaction Impact: A difference of 9.62 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0047
0.0025
JanuMarcMayJulySeptNove

MWK 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 0.0045, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0045
H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0015 RON (High: 0.0042 / Low: 0.0027). On the other end, December was the most stable month, with a tight range of 0.0001 RON (High: 0.0027 / Low: 0.0027).

November Spread (Volatile) ±0.0015
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0045) against the same month in 2022 (average: 0.0055), the exchange rate shifted by -0.0011 (-19.12%).

2023 Avg (March) 0.0045
2022 Avg (March) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0044 0.0045
February 0.0045 0.0043 0.0045
March 0.0046 0.0044 0.0045
April 0.0045 0.0044 0.0044
May 0.0045 0.0043 0.0044
June 0.0045 0.0043 0.0045
July 0.0043 0.0042 0.0043
August 0.0043 0.0041 0.0042
September 0.0044 0.0042 0.0043
October 0.0044 0.0040 0.0041
November 0.0042 0.0027 0.0033
December 0.0027 0.0027 0.0027