2023 RON to CDF Historical Review

YEARLY HIGH

618.4417 CDF

YEARLY LOW

435.8344 CDF

YEARLY AVERAGE

510.5414 CDF

2023 RON to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 618.4417. Conversely, the yearly low was recorded on January 5, dropping to 435.8344.

This high-to-low spread represents a total annual volatility of 182.6073 CDF. From a start-to-finish perspective, comparing the January average rate of 448.5722 to the December average rate of 598.2201, the exchange rate registered a net change of 33.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 618.4417 was up 32.62% compared to the 2022 peak of 466.3272, 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 3,092,208 CDF

2022 Average 2,157,665 CDF

Yearly Trough Low 2,179,172 CDF

Transaction Impact: A difference of 913,036.29 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

613.1849

433.6074

JanuMarcMayJulySeptNove

RON to CDF 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 467.6449, compared to 553.4378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 85.7930 points.

H1 Avg (Jan–Jun) 467.6449

H2 Avg (Jul–Dec) 553.4378

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 67.2645 CDF (High: 596.6554 / Low: 529.3909). On the other end, August was the most stable month, with a tight range of 15.0879 CDF (High: 553.6796 / Low: 538.5917).

November Spread (Volatile) ±67.2645

August Spread (Stable) ±15.0879

Growth Streaks & Declines

Trends

Between March and July, 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 12.6191 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -12.6191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 598.2201) against the same month in 2022 (average: 440.2513), the exchange rate shifted by +157.9688 (+35.88%).

2023 Avg (December) 598.2201

2022 Avg (December) 440.2513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	459.7618	435.8344	448.5722
February	460.7126	437.9765	449.6554
March	460.7051	441.3129	449.4703
April	488.4335	448.3303	462.1597
May	505.1488	450.0737	480.0995
June	530.2530	501.6836	515.9123
July	573.5880	530.0548	552.6050
August	553.6796	538.5917	546.5893
September	542.0066	525.8828	533.9703
October	552.7772	521.9557	535.6423
November	596.6554	529.3909	553.6000
December	618.4417	578.9696	598.2201