YEARLY HIGH
15.0444 GMD
YEARLY LOW
12.8286 GMD
YEARLY AVERAGE
13.6187 GMD

2023 RON to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 15.0444. Conversely, the yearly low was recorded on June 6, dropping to 12.8286.

This high-to-low spread represents a total annual volatility of 2.2158 GMD. From a start-to-finish perspective, comparing the January average rate of 13.5799 to the December average rate of 14.7990, the exchange rate registered a net change of 8.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.0444 was up 11.84% compared to the 2022 peak of 13.4523, 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 75,222 GMD
2022 Average 59,145 GMD
Yearly Trough Low 64,143 GMD
Transaction Impact: A difference of 11,079.25 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.9788
12.8210
JanuMarcMayJulySeptNove

RON to GMD 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 13.3499, compared to 13.8875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5376 points.

H1 Avg (Jan–Jun) 13.3499
H2 Avg (Jul–Dec) 13.8875

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.0385 GMD (High: 14.8966 / Low: 13.8581). On the other end, August was the most stable month, with a tight range of 0.1686 GMD (High: 13.4739 / Low: 13.3053).

November Spread (Volatile) ±1.0385
August Spread (Stable) ±0.1686

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.6096 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 14.7990) against the same month in 2022 (average: 13.3579), the exchange rate shifted by +1.4411 (+10.79%).

2023 Avg (December) 14.7990
2022 Avg (December) 13.3579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.8170 13.2511 13.5799
February 13.8191 13.0858 13.3208
March 13.6869 13.1393 13.3424
April 13.9420 13.3960 13.7327
May 13.4862 12.8411 13.1231
June 13.1728 12.8286 13.0008
July 13.5698 13.0604 13.3481
August 13.4739 13.3053 13.3729
September 13.8596 12.9481 13.2871
October 14.0893 13.7213 13.9560
November 14.8966 13.8581 14.5622
December 15.0444 14.5912 14.7990