2023 RON to AED Historical Review

YEARLY HIGH

0.8356 AED

YEARLY LOW

0.7729 AED

YEARLY AVERAGE

0.8031 AED

2023 RON to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 0.8356. Conversely, the yearly low was recorded on October 3, dropping to 0.7729.

This high-to-low spread represents a total annual volatility of 0.0627 AED. From a start-to-finish perspective, comparing the January average rate of 0.8042 to the December average rate of 0.8069, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8356 was down 1.84% compared to the 2022 peak of 0.8513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,178 AED

2022 Average 3,925 AED

Yearly Trough Low 3,864 AED

Transaction Impact: A difference of 313.67 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8261

0.7772

JanuMarcMayJulySeptNove

RON to AED 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 0.8046, compared to 0.8017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.8046

H2 Avg (Jul–Dec) 0.8017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0373 AED (High: 0.8240 / Low: 0.7867). On the other end, October was the most stable month, with a tight range of 0.0157 AED (High: 0.7886 / Low: 0.7729).

February Spread (Volatile) ±0.0373

October Spread (Stable) ±0.0157

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0211 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.8220) against the same month in 2022 (average: 0.7584), the exchange rate shifted by +0.0636 (+8.39%).

2023 Avg (July) 0.8220

2022 Avg (July) 0.7584

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8205	0.7838	0.8042
February	0.8240	0.7867	0.8008
March	0.8115	0.7877	0.7982
April	0.8230	0.8022	0.8154
May	0.8247	0.7918	0.8062
June	0.8135	0.7913	0.8028
July	0.8356	0.8056	0.8220
August	0.8197	0.8033	0.8108
September	0.8014	0.7756	0.7897
October	0.7886	0.7729	0.7812
November	0.8129	0.7825	0.7995
December	0.8201	0.7951	0.8069