YEARLY HIGH
1.1558 RON
YEARLY LOW
1.0233 RON
YEARLY AVERAGE
1.0904 RON

2023 PLN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 1.1558. Conversely, the yearly low was recorded on February 13, dropping to 1.0233.

This high-to-low spread represents a total annual volatility of 0.1325 RON. From a start-to-finish perspective, comparing the January average rate of 1.0539 to the December average rate of 1.1476, the exchange rate registered a net change of 8.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1558 was up 5.10% compared to the 2022 peak of 1.0997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 23,116 RON
2022 Average 21,055 RON
Yearly Trough Low 20,467 RON
Transaction Impact: A difference of 2,649.06 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1588
1.0235
JanuMarcMayJulySeptNove

PLN 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 1.0677, compared to 1.1131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 1.0677
H2 Avg (Jul–Dec) 1.1131

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0592 RON (High: 1.0938 / Low: 1.0346). On the other end, December was the most stable month, with a tight range of 0.0118 RON (High: 1.1558 / Low: 1.1440).

January Spread (Volatile) ±0.0592
December Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0289 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.1476) against the same month in 2022 (average: 1.0516), the exchange rate shifted by +0.0959 (+9.12%).

2023 Avg (December) 1.1476
2022 Avg (December) 1.0516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0938 1.0346 1.0539
February 1.0471 1.0233 1.0348
March 1.0594 1.0451 1.0501
April 1.0793 1.0516 1.0644
May 1.1086 1.0698 1.0903
June 1.1221 1.0995 1.1124
July 1.1198 1.1048 1.1119
August 1.1184 1.1029 1.1086
September 1.1069 1.0665 1.0797
October 1.1238 1.0726 1.1014
November 1.1508 1.1119 1.1294
December 1.1558 1.1440 1.1476