2023 RON to BBD Historical Review

YEARLY HIGH

0.4550 BBD

YEARLY LOW

0.4208 BBD

YEARLY AVERAGE

0.4373 BBD

2023 RON to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 0.4550. Conversely, the yearly low was recorded on October 3, dropping to 0.4208.

This high-to-low spread represents a total annual volatility of 0.0342 BBD. From a start-to-finish perspective, comparing the January average rate of 0.4379 to the December average rate of 0.4394, 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 0.4550 was down 1.84% compared to the 2022 peak of 0.4635, 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 2,275 BBD

2022 Average 2,137 BBD

Yearly Trough Low 2,104 BBD

Transaction Impact: A difference of 170.76 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4498

0.4232

JanuMarcMayJulySeptNove

RON to BBD 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 0.4382, compared to 0.4365 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) 0.4382

H2 Avg (Jul–Dec) 0.4365

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0203 BBD (High: 0.4487 / Low: 0.4283). On the other end, October was the most stable month, with a tight range of 0.0085 BBD (High: 0.4294 / Low: 0.4208).

February Spread (Volatile) ±0.0203

October Spread (Stable) ±0.0085

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 0.0115 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4476) against the same month in 2022 (average: 0.4129), the exchange rate shifted by +0.0347 (+8.39%).

2023 Avg (July) 0.4476

2022 Avg (July) 0.4129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4468	0.4268	0.4379
February	0.4487	0.4283	0.4360
March	0.4419	0.4289	0.4347
April	0.4483	0.4369	0.4441
May	0.4492	0.4311	0.4391
June	0.4430	0.4309	0.4371
July	0.4550	0.4386	0.4476
August	0.4463	0.4374	0.4415
September	0.4364	0.4223	0.4300
October	0.4294	0.4208	0.4254
November	0.4427	0.4261	0.4353
December	0.4466	0.4330	0.4394