2023 RON to DKK Historical Review

YEARLY HIGH

1.5252 DKK

YEARLY LOW

1.4956 DKK

YEARLY AVERAGE

1.5064 DKK

2023 RON to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.5252. Conversely, the yearly low was recorded on May 19, dropping to 1.4956.

This high-to-low spread represents a total annual volatility of 0.0296 DKK. From a start-to-finish perspective, comparing the January average rate of 1.5101 to the December average rate of 1.5002, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5252 was down 1.28% compared to the 2022 peak of 1.5450, 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 7,626 DKK

2022 Average 7,546 DKK

Yearly Trough Low 7,478 DKK

Transaction Impact: A difference of 147.90 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5191

1.4985

JanuMarcMayJulySeptNove

RON to DKK 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 1.5093, compared to 1.5034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 1.5093

H2 Avg (Jul–Dec) 1.5034

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0264 DKK (High: 1.5252 / Low: 1.4988). On the other end, November was the most stable month, with a tight range of 0.0049 DKK (High: 1.5025 / Low: 1.4976).

January Spread (Volatile) ±0.0264

November Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0064 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.5101) against the same month in 2022 (average: 1.5049), the exchange rate shifted by +0.0052 (+0.35%).

2023 Avg (January) 1.5101

2022 Avg (January) 1.5049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5252	1.4988	1.5101
February	1.5219	1.5107	1.5174
March	1.5151	1.5033	1.5116
April	1.5127	1.5056	1.5096
May	1.5131	1.4956	1.5055
June	1.5058	1.4994	1.5018
July	1.5148	1.5015	1.5081
August	1.5108	1.5054	1.5081
September	1.5078	1.4987	1.5017
October	1.5055	1.4990	1.5020
November	1.5025	1.4976	1.5005
December	1.5051	1.4982	1.5002