2023 RON to BWP Historical Review

YEARLY HIGH

3.0100 BWP

YEARLY LOW

2.7302 BWP

YEARLY AVERAGE

2.9197 BWP

2023 RON to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 3.0100. Conversely, the yearly low was recorded on January 5, dropping to 2.7302.

This high-to-low spread represents a total annual volatility of 0.2797 BWP. From a start-to-finish perspective, comparing the January average rate of 2.7967 to the December average rate of 2.9675, the exchange rate registered a net change of 6.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0100 was up 7.05% compared to the 2022 peak of 2.8118, 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 15,050 BWP

2022 Average 13,192 BWP

Yearly Trough Low 13,651 BWP

Transaction Impact: A difference of 1,398.60 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9966

2.7786

JanuMarcMayJulySeptNove

RON to BWP 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 2.8884, compared to 2.9509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0625 points.

H1 Avg (Jan–Jun) 2.8884

H2 Avg (Jul–Dec) 2.9509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.1184 BWP (High: 2.9600 / Low: 2.8417). On the other end, May was the most stable month, with a tight range of 0.0364 BWP (High: 2.9754 / Low: 2.9389).

April Spread (Volatile) ±0.1184

May Spread (Stable) ±0.0364

Growth Streaks & Declines

Trends

Between January and May, 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 0.0446 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.9785) against the same month in 2022 (average: 2.6185), the exchange rate shifted by +0.3599 (+13.74%).

2023 Avg (August) 2.9785

2022 Avg (August) 2.6185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8480	2.7302	2.7967
February	2.8810	2.8115	2.8523
March	2.9285	2.8353	2.8730
April	2.9600	2.8417	2.9143
May	2.9754	2.9389	2.9565
June	2.9870	2.9113	2.9378
July	3.0088	2.8943	2.9625
August	3.0100	2.9433	2.9785
September	2.9687	2.9016	2.9338
October	2.9521	2.8966	2.9215
November	2.9958	2.8961	2.9419
December	3.0012	2.9337	2.9675