2023 RON to BIF Historical Review

YEARLY HIGH

644.9338 BIF

YEARLY LOW

441.5379 BIF

YEARLY AVERAGE

556.4460 BIF

2023 RON to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 644.9338. Conversely, the yearly low was recorded on January 5, dropping to 441.5379.

This high-to-low spread represents a total annual volatility of 203.3959 BIF. From a start-to-finish perspective, comparing the January average rate of 452.9775 to the December average rate of 626.3817, the exchange rate registered a net change of 38.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 644.9338 was up 38.23% compared to the 2022 peak of 466.5587, 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 3,224,669 BIF

2022 Average 2,181,319 BIF

Yearly Trough Low 2,207,689 BIF

Transaction Impact: A difference of 1,016,979.57 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

651.4320

433.0644

JanuMarcMayJulySeptNove

RON to BIF 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 493.4446, compared to 619.4474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 126.0028 points.

H1 Avg (Jan–Jun) 493.4446

H2 Avg (Jul–Dec) 619.4474

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 161.5848 BIF (High: 612.7949 / Low: 451.2101). On the other end, April was the most stable month, with a tight range of 11.7509 BIF (High: 466.0051 / Low: 454.2542).

May Spread (Volatile) ±161.5848

April Spread (Stable) ±11.7509

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 15.8993 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -15.8993

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 633.2347) against the same month in 2022 (average: 424.4865), the exchange rate shifted by +208.7482 (+49.18%).

2023 Avg (July) 633.2347

2022 Avg (July) 424.4865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	462.6680	441.5379	452.9775
February	465.2510	442.0457	451.9986
March	459.5753	444.3051	451.2617
April	466.0051	454.2542	461.7012
May	612.7949	451.2101	524.3254
June	626.7514	609.1763	618.4032
July	644.9338	617.7481	633.2347
August	632.2436	620.2001	625.5809
September	620.0866	600.0663	609.6817
October	610.0618	597.5708	603.7000
November	629.8296	604.7014	618.1051
December	636.6846	616.9723	626.3817