2023 RON to CNY Historical Review

YEARLY HIGH

1.6398 CNY

YEARLY LOW

1.4682 CNY

YEARLY AVERAGE

1.5465 CNY

2023 RON to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1.6398. Conversely, the yearly low was recorded on January 14, dropping to 1.4682.

This high-to-low spread represents a total annual volatility of 0.1716 CNY. From a start-to-finish perspective, comparing the January average rate of 1.4869 to the December average rate of 1.5641, the exchange rate registered a net change of 5.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.6398 was up 8.11% compared to the 2022 peak of 1.5168, 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 8,199 CNY

2022 Average 7,179 CNY

Yearly Trough Low 7,341 CNY

Transaction Impact: A difference of 857.92 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.6204

1.4748

JanuMarcMayJulySeptNove

RON to CNY 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 1.5173, compared to 1.5756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0583 points.

H1 Avg (Jan–Jun) 1.5173

H2 Avg (Jul–Dec) 1.5756

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0697 CNY (High: 1.5960 / Low: 1.5263). On the other end, February was the most stable month, with a tight range of 0.0283 CNY (High: 1.5124 / Low: 1.4842).

June Spread (Volatile) ±0.0697

February Spread (Stable) ±0.0283

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0302 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.6083) against the same month in 2022 (average: 1.3902), the exchange rate shifted by +0.2181 (+15.69%).

2023 Avg (July) 1.6083

2022 Avg (July) 1.3902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5154	1.4682	1.4869
February	1.5124	1.4842	1.4919
March	1.5203	1.4867	1.4981
April	1.5487	1.5004	1.5292
May	1.5523	1.5207	1.5340
June	1.5960	1.5263	1.5638
July	1.6398	1.5840	1.6083
August	1.6115	1.5800	1.5980
September	1.5869	1.5435	1.5678
October	1.5705	1.5142	1.5473
November	1.5871	1.5438	1.5682
December	1.5946	1.5425	1.5641