2023 RON to EUR Historical Review

YEARLY HIGH

0.2051 EUR

YEARLY LOW

0.1995 EUR

YEARLY AVERAGE

0.2020 EUR

2023 RON to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.2051. Conversely, the yearly low was recorded on May 6, dropping to 0.1995.

This high-to-low spread represents a total annual volatility of 0.0056 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2029 to the December average rate of 0.2012, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2051 was down 1.32% compared to the 2022 peak of 0.2078, 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 1,025 EUR

2022 Average 1,014 EUR

Yearly Trough Low 997 EUR

Transaction Impact: A difference of 28.09 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2040

0.2009

JanuMarcMayJulySeptNove

RON to EUR 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 0.2025, compared to 0.2016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2025

H2 Avg (Jul–Dec) 0.2016

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0038 EUR (High: 0.2032 / Low: 0.1995). On the other end, November was the most stable month, with a tight range of 0.0006 EUR (High: 0.2014 / Low: 0.2008).

May Spread (Volatile) ±0.0038

November Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2029) against the same month in 2022 (average: 0.2022), the exchange rate shifted by +0.0007 (+0.36%).

2023 Avg (January) 0.2029

2022 Avg (January) 0.2022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2051	0.2015	0.2029
February	0.2044	0.2023	0.2037
March	0.2036	0.2011	0.2028
April	0.2029	0.2004	0.2021
May	0.2032	0.1995	0.2018
June	0.2021	0.2013	0.2016
July	0.2033	0.2016	0.2024
August	0.2027	0.2018	0.2023
September	0.2022	0.2009	0.2013
October	0.2018	0.2009	0.2013
November	0.2014	0.2008	0.2012
December	0.2018	0.2007	0.2012