2023 QAR to RON Historical Review

YEARLY HIGH

1.3052 RON

YEARLY LOW

1.2071 RON

YEARLY AVERAGE

1.2555 RON

2023 QAR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.3052. Conversely, the yearly low was recorded on July 17, dropping to 1.2071.

This high-to-low spread represents a total annual volatility of 0.0981 RON. From a start-to-finish perspective, comparing the January average rate of 1.2536 to the December average rate of 1.2488, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3052 was down 7.78% compared to the 2022 peak of 1.4153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,526 RON

2022 Average 6,434 RON

Yearly Trough Low 6,035 RON

Transaction Impact: A difference of 490.71 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2969

1.2213

JanuMarcMayJulySeptNove

QAR 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 1.2527, compared to 1.2583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 1.2527

H2 Avg (Jul–Dec) 1.2583

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0596 RON (High: 1.2824 / Low: 1.2227). On the other end, August was the most stable month, with a tight range of 0.0248 RON (High: 1.2555 / Low: 1.2307).

February Spread (Volatile) ±0.0596

August Spread (Stable) ±0.0248

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 June and July, when the average rate fell by 0.0286 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.2906) against the same month in 2022 (average: 1.3755), the exchange rate shifted by -0.0849 (-6.17%).

2023 Avg (October) 1.2906

2022 Avg (October) 1.3755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2871	1.2289	1.2536
February	1.2824	1.2227	1.2579
March	1.2806	1.2348	1.2618
April	1.2558	1.2230	1.2355
May	1.2738	1.2226	1.2513
June	1.2736	1.2401	1.2562
July	1.2521	1.2071	1.2276
August	1.2555	1.2307	1.2432
September	1.3006	1.2563	1.2773
October	1.3052	1.2788	1.2906
November	1.2876	1.2408	1.2625
December	1.2686	1.2302	1.2488