2023 RON to BOB Historical Review

YEARLY HIGH

1.5709 BOB

YEARLY LOW

1.4546 BOB

YEARLY AVERAGE

1.5105 BOB

2023 RON to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 1.5709. Conversely, the yearly low was recorded on October 3, dropping to 1.4546.

This high-to-low spread represents a total annual volatility of 0.1164 BOB. From a start-to-finish perspective, comparing the January average rate of 1.5129 to the December average rate of 1.5200, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5709 was down 1.73% compared to the 2022 peak of 1.5987, 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 7,855 BOB

2022 Average 7,365 BOB

Yearly Trough Low 7,273 BOB

Transaction Impact: A difference of 581.83 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5526

1.4610

JanuMarcMayJulySeptNove

RON to BOB 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 1.5133, compared to 1.5077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 1.5133

H2 Avg (Jul–Dec) 1.5077

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0697 BOB (High: 1.5450 / Low: 1.4753). On the other end, October was the most stable month, with a tight range of 0.0284 BOB (High: 1.4830 / Low: 1.4546).

January Spread (Volatile) ±0.0697

October Spread (Stable) ±0.0284

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 0.0400 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.5450) against the same month in 2022 (average: 1.4195), the exchange rate shifted by +0.1255 (+8.84%).

2023 Avg (July) 1.5450

2022 Avg (July) 1.4195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5450	1.4753	1.5129
February	1.5500	1.4804	1.5067
March	1.5314	1.4763	1.4998
April	1.5464	1.5061	1.5340
May	1.5515	1.4889	1.5163
June	1.5303	1.4884	1.5101
July	1.5709	1.5101	1.5450
August	1.5428	1.5112	1.5252
September	1.5087	1.4607	1.4852
October	1.4830	1.4546	1.4687
November	1.5284	1.4712	1.5023
December	1.5461	1.4973	1.5200