YEARLY HIGH
0.4101 AWG
YEARLY LOW
0.3792 AWG
YEARLY AVERAGE
0.3938 AWG

2023 RON to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 0.4101. Conversely, the yearly low was recorded on October 2, dropping to 0.3792.

This high-to-low spread represents a total annual volatility of 0.0308 AWG. From a start-to-finish perspective, comparing the January average rate of 0.3943 to the December average rate of 0.3958, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4101 was down 1.73% compared to the 2022 peak of 0.4173, 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 2,050 AWG
2022 Average 1,923 AWG
Yearly Trough Low 1,896 AWG
Transaction Impact: A difference of 154.17 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4053
0.3810
JanuMarcMayJulySeptNove

RON to AWG 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 0.3946, compared to 0.3930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.3946
H2 Avg (Jul–Dec) 0.3930

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0183 AWG (High: 0.4038 / Low: 0.3855). On the other end, October was the most stable month, with a tight range of 0.0078 AWG (High: 0.3870 / Low: 0.3792).

February Spread (Volatile) ±0.0183
October Spread (Stable) ±0.0078

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 0.0105 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4032) against the same month in 2022 (average: 0.3707), the exchange rate shifted by +0.0326 (+8.79%).

2023 Avg (July) 0.4032
2022 Avg (July) 0.3707

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4021 0.3846 0.3943
February 0.4038 0.3855 0.3926
March 0.3977 0.3860 0.3914
April 0.4034 0.3932 0.4000
May 0.4048 0.3886 0.3954
June 0.3992 0.3883 0.3937
July 0.4101 0.3948 0.4032
August 0.4017 0.3937 0.3976
September 0.3927 0.3801 0.3871
October 0.3870 0.3792 0.3831
November 0.3984 0.3840 0.3911
December 0.4025 0.3900 0.3958