2023 RON to BZD Historical Review

YEARLY HIGH

0.4583 BZD

YEARLY LOW

0.4243 BZD

YEARLY AVERAGE

0.4405 BZD

2023 RON to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.4583. Conversely, the yearly low was recorded on October 3, dropping to 0.4243.

This high-to-low spread represents a total annual volatility of 0.0340 BZD. From a start-to-finish perspective, comparing the January average rate of 0.4413 to the December average rate of 0.4434, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4583 was down 1.94% compared to the 2022 peak of 0.4674, 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 2,291 BZD

2022 Average 2,154 BZD

Yearly Trough Low 2,121 BZD

Transaction Impact: A difference of 169.89 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4528

0.4262

JanuMarcMayJulySeptNove

RON to BZD 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 0.4413, compared to 0.4398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.4413

H2 Avg (Jul–Dec) 0.4398

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0204 BZD (High: 0.4507 / Low: 0.4303). On the other end, October was the most stable month, with a tight range of 0.0083 BZD (High: 0.4326 / Low: 0.4243).

January Spread (Volatile) ±0.0204

October Spread (Stable) ±0.0083

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 0.0117 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4506) against the same month in 2022 (average: 0.4161), the exchange rate shifted by +0.0345 (+8.30%).

2023 Avg (July) 0.4506

2022 Avg (July) 0.4161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4507	0.4303	0.4413
February	0.4522	0.4319	0.4395
March	0.4438	0.4306	0.4370
April	0.4511	0.4393	0.4471
May	0.4526	0.4343	0.4423
June	0.4464	0.4342	0.4405
July	0.4583	0.4405	0.4506
August	0.4500	0.4408	0.4449
September	0.4401	0.4261	0.4333
October	0.4326	0.4243	0.4284
November	0.4459	0.4292	0.4382
December	0.4510	0.4368	0.4434