2023 RON to BTN Historical Review

YEARLY HIGH

18.8222 BTN

YEARLY LOW

17.4903 BTN

YEARLY AVERAGE

18.0500 BTN

2023 RON to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 18.8222. Conversely, the yearly low was recorded on March 7, dropping to 17.4903.

This high-to-low spread represents a total annual volatility of 1.3319 BTN. From a start-to-finish perspective, comparing the January average rate of 17.9136 to the December average rate of 18.3078, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.8222 was up 4.99% compared to the 2022 peak of 17.9277, 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 94,111 BTN

2022 Average 83,864 BTN

Yearly Trough Low 87,451 BTN

Transaction Impact: A difference of 6,659.60 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.4426

17.6171

JanuMarcMayJulySeptNove

RON to BTN 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 17.9998, compared to 18.1002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1004 points.

H1 Avg (Jan–Jun) 17.9998

H2 Avg (Jul–Dec) 18.1002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.9000 BTN (High: 18.8222 / Low: 17.9222). On the other end, October was the most stable month, with a tight range of 0.3334 BTN (High: 17.8496 / Low: 17.5163).

July Spread (Volatile) ±0.9000

October Spread (Stable) ±0.3334

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 0.4335 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 18.3738) against the same month in 2022 (average: 16.4149), the exchange rate shifted by +1.9590 (+11.93%).

2023 Avg (July) 18.3738

2022 Avg (July) 16.4149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2253	17.6570	17.9136
February	18.3895	17.7298	18.0064
March	18.2580	17.4903	17.8679
April	18.3188	17.9169	18.1840
May	18.3630	17.8238	18.0633
June	18.1579	17.7470	17.9635
July	18.8222	17.9222	18.3738
August	18.4299	18.0490	18.2788
September	18.0529	17.5899	17.8453
October	17.8496	17.5163	17.6859
November	18.4346	17.7429	18.1093
December	18.6134	18.0669	18.3078