2023 NAD to RON Historical Review

YEARLY HIGH

0.2775 RON

YEARLY LOW

0.2284 RON

YEARLY AVERAGE

0.2475 RON

2023 NAD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2775. Conversely, the yearly low was recorded on August 14, dropping to 0.2284.

This high-to-low spread represents a total annual volatility of 0.0490 RON. From a start-to-finish perspective, comparing the January average rate of 0.2675 to the December average rate of 0.2436, the exchange rate registered a net change of -8.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2775 was down 12.28% compared to the 2022 peak of 0.3163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,387 RON

2022 Average 1,440 RON

Yearly Trough Low 1,142 RON

Transaction Impact: A difference of 245.12 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2704

0.2359

JanuMarcMayJulySeptNove

NAD 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 0.2511, compared to 0.2440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.2511

H2 Avg (Jul–Dec) 0.2440

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0226 RON (High: 0.2548 / Low: 0.2321). On the other end, March was the most stable month, with a tight range of 0.0073 RON (High: 0.2552 / Low: 0.2479).

November Spread (Volatile) ±0.0226

March Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0108 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2675) against the same month in 2022 (average: 0.2818), the exchange rate shifted by -0.0143 (-5.08%).

2023 Avg (January) 0.2675

2022 Avg (January) 0.2818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2775	0.2601	0.2675
February	0.2677	0.2520	0.2566
March	0.2552	0.2479	0.2517
April	0.2582	0.2427	0.2478
May	0.2446	0.2346	0.2388
June	0.2497	0.2341	0.2443
July	0.2543	0.2393	0.2450
August	0.2467	0.2284	0.2405
September	0.2501	0.2397	0.2452
October	0.2508	0.2326	0.2443
November	0.2548	0.2321	0.2452
December	0.2492	0.2371	0.2436