2023 RON to GBP Historical Review

YEARLY HIGH

0.1832 GBP

YEARLY LOW

0.1720 GBP

YEARLY AVERAGE

0.1759 GBP

2023 RON to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.1832. Conversely, the yearly low was recorded on June 18, dropping to 0.1720.

This high-to-low spread represents a total annual volatility of 0.0112 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1788 to the December average rate of 0.1735, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1832 was up 0.84% compared to the 2022 peak of 0.1817, 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 916 GBP

2022 Average 865 GBP

Yearly Trough Low 860 GBP

Transaction Impact: A difference of 56.21 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1815

0.1722

JanuMarcMayJulySeptNove

RON to GBP 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 0.1776, compared to 0.1741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.1776

H2 Avg (Jul–Dec) 0.1741

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0057 GBP (High: 0.1789 / Low: 0.1732). On the other end, April was the most stable month, with a tight range of 0.0020 GBP (High: 0.1793 / Low: 0.1773).

May Spread (Volatile) ±0.0057

April Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between June and August, 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 May and June, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1807) against the same month in 2022 (average: 0.1695), the exchange rate shifted by +0.0112 (+6.61%).

2023 Avg (February) 0.1807

2022 Avg (February) 0.1695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1799	0.1771	0.1788
February	0.1832	0.1784	0.1807
March	0.1813	0.1774	0.1791
April	0.1793	0.1773	0.1784
May	0.1789	0.1732	0.1759
June	0.1740	0.1720	0.1730
July	0.1756	0.1720	0.1738
August	0.1754	0.1725	0.1738
September	0.1751	0.1721	0.1736
October	0.1759	0.1738	0.1748
November	0.1761	0.1735	0.1752
December	0.1748	0.1721	0.1735