2023 RON to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 24.0262. Conversely, the yearly low was recorded on July 20, dropping to 20.2568.
This high-to-low spread represents a total annual volatility of 3.7694 ALL. From a start-to-finish perspective, comparing the January average rate of 23.6298 to the December average rate of 20.6909, the exchange rate registered a net change of -12.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 24.0262 was down 5.87% compared to the 2022 peak of 25.5245, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RON to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.8761, compared to 21.1192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7568 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 1.6552 ALL (High: 22.3979 / Low: 20.7427). On the other end, October was the most stable month, with a tight range of 0.3779 ALL (High: 21.4918 / Low: 21.1139).
Growth Streaks & Declines
TrendsBetween July and September, 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 May and June, when the average rate fell by 0.8054 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 23.6298) against the same month in 2022 (average: 24.5447), the exchange rate shifted by -0.9150 (-3.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.0262 | 22.8850 | 23.6298 |
| February | 23.9861 | 23.2763 | 23.5565 |
| March | 23.4899 | 22.8548 | 23.2324 |
| April | 23.0426 | 22.3629 | 22.7407 |
| May | 22.8843 | 22.1466 | 22.4512 |
| June | 22.1164 | 21.2886 | 21.6458 |
| July | 21.5347 | 20.2568 | 20.9156 |
| August | 22.3979 | 20.7427 | 21.3834 |
| September | 21.8585 | 21.2487 | 21.5213 |
| October | 21.4918 | 21.1139 | 21.2963 |
| November | 21.2991 | 20.4778 | 20.9078 |
| December | 20.9443 | 20.3373 | 20.6909 |