2023 RON to BND Historical Review

YEARLY HIGH

0.3013 BND

YEARLY LOW

0.2860 BND

YEARLY AVERAGE

0.2935 BND

2023 RON to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.3013. Conversely, the yearly low was recorded on January 5, dropping to 0.2860.

This high-to-low spread represents a total annual volatility of 0.0153 BND. From a start-to-finish perspective, comparing the January average rate of 0.2905 to the December average rate of 0.2927, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3013 was down 3.59% compared to the 2022 peak of 0.3126, 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 1,507 BND

2022 Average 1,472 BND

Yearly Trough Low 1,430 BND

Transaction Impact: A difference of 76.69 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2995

0.2895

JanuMarcMayJulySeptNove

RON to BND 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 0.2926, compared to 0.2945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.2926

H2 Avg (Jul–Dec) 0.2945

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0088 BND (High: 0.2988 / Low: 0.2900). On the other end, August was the most stable month, with a tight range of 0.0041 BND (High: 0.3000 / Low: 0.2959).

April Spread (Volatile) ±0.0088

August Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between February and April, 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 0.0052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2986) against the same month in 2022 (average: 0.2879), the exchange rate shifted by +0.0108 (+3.74%).

2023 Avg (July) 0.2986

2022 Avg (July) 0.2879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2934	0.2860	0.2905
February	0.2945	0.2884	0.2904
March	0.2947	0.2869	0.2912
April	0.2988	0.2900	0.2954
May	0.2991	0.2914	0.2939
June	0.2988	0.2905	0.2941
July	0.3013	0.2959	0.2986
August	0.3000	0.2959	0.2981
September	0.2956	0.2898	0.2929
October	0.2946	0.2892	0.2911
November	0.2977	0.2909	0.2935
December	0.2952	0.2901	0.2927