2023 RON to FJD Historical Review

YEARLY HIGH

0.5048 FJD

YEARLY LOW

0.4706 FJD

YEARLY AVERAGE

0.4875 FJD

2023 RON to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.5048. Conversely, the yearly low was recorded on January 8, dropping to 0.4706.

This high-to-low spread represents a total annual volatility of 0.0342 FJD. From a start-to-finish perspective, comparing the January average rate of 0.4768 to the December average rate of 0.4867, the exchange rate registered a net change of 2.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5048 was up 1.80% compared to the 2022 peak of 0.4959, 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 2,524 FJD

2022 Average 2,336 FJD

Yearly Trough Low 2,353 FJD

Transaction Impact: A difference of 171.03 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5001

0.4747

JanuMarcMayJulySeptNove

RON to FJD 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 0.4839, compared to 0.4911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.4839

H2 Avg (Jul–Dec) 0.4911

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0208 FJD (High: 0.5019 / Low: 0.4811). On the other end, December was the most stable month, with a tight range of 0.0066 FJD (High: 0.4914 / Low: 0.4848).

May Spread (Volatile) ±0.0208

December Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0098 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.4980) against the same month in 2022 (average: 0.4551), the exchange rate shifted by +0.0428 (+9.41%).

2023 Avg (August) 0.4980

2022 Avg (August) 0.4551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4849	0.4706	0.4768
February	0.4860	0.4752	0.4783
March	0.4883	0.4766	0.4821
April	0.5014	0.4839	0.4914
May	0.5019	0.4811	0.4884
June	0.4976	0.4812	0.4865
July	0.5046	0.4883	0.4963
August	0.5048	0.4931	0.4980
September	0.4932	0.4817	0.4882
October	0.4901	0.4796	0.4852
November	0.5020	0.4853	0.4918
December	0.4914	0.4848	0.4867