2023 RON to CAD Historical Review

YEARLY HIGH

0.3061 CAD

YEARLY LOW

0.2851 CAD

YEARLY AVERAGE

0.2952 CAD

2023 RON to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.3061. Conversely, the yearly low was recorded on September 27, dropping to 0.2851.

This high-to-low spread represents a total annual volatility of 0.0210 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2938 to the December average rate of 0.2946, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3061 was up 3.47% compared to the 2022 peak of 0.2959, 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 1,531 CAD

2022 Average 1,390 CAD

Yearly Trough Low 1,425 CAD

Transaction Impact: A difference of 105.23 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3011

0.2895

JanuMarcMayJulySeptNove

RON to CAD 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 0.2954, compared to 0.2950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2954

H2 Avg (Jul–Dec) 0.2950

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0139 CAD (High: 0.3061 / Low: 0.2922). On the other end, June was the most stable month, with a tight range of 0.0031 CAD (High: 0.2917 / Low: 0.2886).

May Spread (Volatile) ±0.0139

June Spread (Stable) ±0.0031

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 May and June, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.2970) against the same month in 2022 (average: 0.2747), the exchange rate shifted by +0.0223 (+8.13%).

2023 Avg (May) 0.2970

2022 Avg (May) 0.2747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2984	0.2890	0.2938
February	0.2978	0.2911	0.2934
March	0.3032	0.2927	0.2978
April	0.3052	0.2950	0.3001
May	0.3061	0.2922	0.2970
June	0.2917	0.2886	0.2904
July	0.3010	0.2906	0.2961
August	0.2994	0.2956	0.2976
September	0.2967	0.2851	0.2913
October	0.2957	0.2881	0.2917
November	0.3021	0.2937	0.2984
December	0.2966	0.2932	0.2946