2023 PHP to RON Historical Review

YEARLY HIGH

0.0849 RON

YEARLY LOW

0.0796 RON

YEARLY AVERAGE

0.0823 RON

2023 PHP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.0849. Conversely, the yearly low was recorded on August 30, dropping to 0.0796.

This high-to-low spread represents a total annual volatility of 0.0053 RON. From a start-to-finish perspective, comparing the January average rate of 0.0832 to the December average rate of 0.0820, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0849 was down 6.72% compared to the 2022 peak of 0.0910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 21,217 RON

2022 Average 21,512 RON

Yearly Trough Low 19,904 RON

Transaction Impact: A difference of 1,313.08 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0844

0.0801

JanuMarcMayJulySeptNove

PHP 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 0.0827, compared to 0.0818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0827

H2 Avg (Jul–Dec) 0.0818

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0044 RON (High: 0.0844 / Low: 0.0799). On the other end, October was the most stable month, with a tight range of 0.0015 RON (High: 0.0836 / Low: 0.0822).

April Spread (Volatile) ±0.0044

October Spread (Stable) ±0.0015

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 March and April, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0841) against the same month in 2022 (average: 0.0862), the exchange rate shifted by -0.0021 (-2.49%).

2023 Avg (March) 0.0841

2022 Avg (March) 0.0862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0839	0.0822	0.0832
February	0.0847	0.0824	0.0836
March	0.0849	0.0831	0.0841
April	0.0844	0.0799	0.0815
May	0.0828	0.0805	0.0817
June	0.0829	0.0812	0.0820
July	0.0823	0.0807	0.0814
August	0.0816	0.0796	0.0805
September	0.0831	0.0807	0.0819
October	0.0836	0.0822	0.0828
November	0.0833	0.0814	0.0825
December	0.0834	0.0806	0.0820