2023 PGK to RON Historical Review

YEARLY HIGH

1.3301 RON

YEARLY LOW

1.1918 RON

YEARLY AVERAGE

1.2707 RON

2023 PGK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.3301. Conversely, the yearly low was recorded on December 30, dropping to 1.1918.

This high-to-low spread represents a total annual volatility of 0.1383 RON. From a start-to-finish perspective, comparing the January average rate of 1.2967 to the December average rate of 1.2168, the exchange rate registered a net change of -6.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3301 was down 9.08% compared to the 2022 peak of 1.4629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,651 RON

2022 Average 6,647 RON

Yearly Trough Low 5,959 RON

Transaction Impact: A difference of 691.39 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3155

1.2078

JanuMarcMayJulySeptNove

PGK 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 1.2930, compared to 1.2484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0446 points.

H1 Avg (Jan–Jun) 1.2930

H2 Avg (Jul–Dec) 1.2484

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0762 RON (High: 1.2912 / Low: 1.2150). On the other end, April was the most stable month, with a tight range of 0.0433 RON (High: 1.3015 / Low: 1.2582).

July Spread (Volatile) ±0.0762

April Spread (Stable) ±0.0433

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 0.0438 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.2967) against the same month in 2022 (average: 1.2397), the exchange rate shifted by +0.0569 (+4.59%).

2023 Avg (January) 1.2967

2022 Avg (January) 1.2397

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3301	1.2693	1.2967
February	1.3265	1.2649	1.2999
March	1.3282	1.2678	1.3065
April	1.3015	1.2582	1.2772
May	1.3132	1.2641	1.2898
June	1.3174	1.2663	1.2878
July	1.2912	1.2150	1.2515
August	1.2923	1.2363	1.2524
September	1.3013	1.2510	1.2764
October	1.2962	1.2449	1.2685
November	1.2639	1.1970	1.2247
December	1.2379	1.1918	1.2168