YEARLY HIGH
0.0357 RON
YEARLY LOW
0.0332 RON
YEARLY AVERAGE
0.0346 RON

2023 NPR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0357. Conversely, the yearly low was recorded on July 13, dropping to 0.0332.

This high-to-low spread represents a total annual volatility of 0.0025 RON. From a start-to-finish perspective, comparing the January average rate of 0.0349 to the December average rate of 0.0341, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0357 was down 9.47% compared to the 2022 peak of 0.0395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179 RON
2022 Average 186 RON
Yearly Trough Low 166 RON
Transaction Impact: A difference of 12.62 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0355
0.0339
JanuMarcMayJulySeptNove

NPR 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 0.0347, compared to 0.0345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0347
H2 Avg (Jul–Dec) 0.0345

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0017 RON (High: 0.0349 / Low: 0.0332). On the other end, October was the most stable month, with a tight range of 0.0007 RON (High: 0.0357 / Low: 0.0350).

July Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0007

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

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0350) against the same month in 2022 (average: 0.0369), the exchange rate shifted by -0.0019 (-5.12%).

2023 Avg (March) 0.0350
2022 Avg (March) 0.0369

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0354 0.0343 0.0349
February 0.0353 0.0340 0.0347
March 0.0357 0.0342 0.0350
April 0.0349 0.0341 0.0344
May 0.0351 0.0340 0.0346
June 0.0352 0.0344 0.0348
July 0.0349 0.0332 0.0340
August 0.0346 0.0339 0.0342
September 0.0355 0.0346 0.0350
October 0.0357 0.0350 0.0353
November 0.0352 0.0339 0.0345
December 0.0346 0.0336 0.0341