2023 RON to DJF Historical Review

YEARLY HIGH

40.4541 DJF

YEARLY LOW

37.4476 DJF

YEARLY AVERAGE

38.8875 DJF

2023 RON to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 40.4541. Conversely, the yearly low was recorded on October 3, dropping to 37.4476.

This high-to-low spread represents a total annual volatility of 3.0064 DJF. From a start-to-finish perspective, comparing the January average rate of 38.9171 to the December average rate of 39.1320, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.4541 was down 1.95% compared to the 2022 peak of 41.2583, 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 202,270 DJF

2022 Average 190,217 DJF

Yearly Trough Low 187,238 DJF

Transaction Impact: A difference of 15,032.16 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.9546

37.6371

JanuMarcMayJulySeptNove

RON to DJF 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 38.9530, compared to 38.8219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1310 points.

H1 Avg (Jan–Jun) 38.9530

H2 Avg (Jul–Dec) 38.8219

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.8363 DJF (High: 39.7119 / Low: 37.8756). On the other end, October was the most stable month, with a tight range of 0.7168 DJF (High: 38.1645 / Low: 37.4476).

January Spread (Volatile) ±1.8363

October Spread (Stable) ±0.7168

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 0.9992 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 39.7615) against the same month in 2022 (average: 36.7315), the exchange rate shifted by +3.0300 (+8.25%).

2023 Avg (July) 39.7615

2022 Avg (July) 36.7315

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.7119	37.8756	38.9171
February	39.8561	38.0853	38.8041
March	39.2923	38.0390	38.6120
April	39.8089	38.8423	39.4415
May	39.9224	38.3407	39.0439
June	39.4174	38.3512	38.8994
July	40.4541	38.9100	39.7615
August	39.7403	38.9078	39.2700
September	38.8008	37.6227	38.2708
October	38.1645	37.4476	37.8302
November	39.3970	37.9340	38.6672
December	39.7720	38.5517	39.1320