YEARLY HIGH
0.2732 RON
YEARLY LOW
0.2371 RON
YEARLY AVERAGE
0.2582 RON

2023 MXN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.2732. Conversely, the yearly low was recorded on January 2, dropping to 0.2371.

This high-to-low spread represents a total annual volatility of 0.0361 RON. From a start-to-finish perspective, comparing the January average rate of 0.2409 to the December average rate of 0.2651, the exchange rate registered a net change of 10.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2732 was up 6.92% compared to the 2022 peak of 0.2555, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 13,659 RON
2022 Average 11,667 RON
Yearly Trough Low 11,857 RON
Transaction Impact: A difference of 1,802.60 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2718
0.2381
JanuMarcMayJulySeptNove

MXN 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 0.2515, compared to 0.2649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.2515
H2 Avg (Jul–Dec) 0.2649

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0169 RON (High: 0.2590 / Low: 0.2421). On the other end, June was the most stable month, with a tight range of 0.0039 RON (High: 0.2669 / Low: 0.2630).

March Spread (Volatile) ±0.0169
June Spread (Stable) ±0.0039

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 September and October, when the average rate fell by 0.0090 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.2667) against the same month in 2022 (average: 0.2399), the exchange rate shifted by +0.0268 (+11.16%).

2023 Avg (August) 0.2667
2022 Avg (August) 0.2399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2451 0.2371 0.2409
February 0.2545 0.2381 0.2467
March 0.2590 0.2421 0.2501
April 0.2537 0.2463 0.2493
May 0.2632 0.2478 0.2570
June 0.2669 0.2630 0.2653
July 0.2683 0.2610 0.2641
August 0.2732 0.2606 0.2667
September 0.2731 0.2630 0.2690
October 0.2695 0.2561 0.2600
November 0.2668 0.2618 0.2644
December 0.2669 0.2624 0.2651