2023 RON to INR Historical Review

YEARLY HIGH

18.6846 INR

YEARLY LOW

17.5131 INR

YEARLY AVERAGE

18.0550 INR

2023 RON to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 18.6846. Conversely, the yearly low was recorded on October 3, dropping to 17.5131.

This high-to-low spread represents a total annual volatility of 1.1715 INR. From a start-to-finish perspective, comparing the January average rate of 17.8922 to the December average rate of 18.2905, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.6846 was up 4.02% compared to the 2022 peak of 17.9625, 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 93,423 INR

2022 Average 83,885 INR

Yearly Trough Low 87,566 INR

Transaction Impact: A difference of 5,857.45 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.4633

17.6326

JanuMarcMayJulySeptNove

RON to INR 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 18.0015, compared to 18.1084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1069 points.

H1 Avg (Jan–Jun) 18.0015

H2 Avg (Jul–Dec) 18.1084

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.7202 INR (High: 18.4564 / Low: 17.7362). On the other end, October was the most stable month, with a tight range of 0.3128 INR (High: 17.8259 / Low: 17.5131).

November Spread (Volatile) ±0.7202

October Spread (Stable) ±0.3128

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.4318 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 18.3941) against the same month in 2022 (average: 16.4183), the exchange rate shifted by +1.9758 (+12.03%).

2023 Avg (July) 18.3941

2022 Avg (July) 16.4183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.1948	17.6352	17.8922
February	18.3306	17.7406	18.0145
March	18.2347	17.6021	17.8743
April	18.3458	17.9514	18.1970
May	18.3664	17.8200	18.0708
June	18.1485	17.7539	17.9604
July	18.6846	18.0216	18.3941
August	18.4050	18.0611	18.2854
September	18.0523	17.5771	17.8537
October	17.8259	17.5131	17.7018
November	18.4564	17.7362	18.1249
December	18.5933	18.0442	18.2905