2023 RON to IRR Historical Review

YEARLY HIGH

9617.1345 IRR

YEARLY LOW

8887.8017 IRR

YEARLY AVERAGE

9232.2132 IRR

2023 RON to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 9617.1345. Conversely, the yearly low was recorded on October 3, dropping to 8887.8017.

This high-to-low spread represents a total annual volatility of 729.3328 IRR. From a start-to-finish perspective, comparing the January average rate of 9181.7275 to the December average rate of 9278.9228, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9617.1345 was down 1.79% compared to the 2022 peak of 9792.1061, 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 48,085,673 IRR

2022 Average 45,163,221 IRR

Yearly Trough Low 44,439,008 IRR

Transaction Impact: A difference of 3,646,664.21 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9500.8057

8939.7104

JanuMarcMayJulySeptNove

RON to IRR 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 9242.1458, compared to 9222.2805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.8653 points.

H1 Avg (Jan–Jun) 9242.1458

H2 Avg (Jul–Dec) 9222.2805

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 486.6641 IRR (High: 9427.4289 / Low: 8940.7648). On the other end, October was the most stable month, with a tight range of 183.0043 IRR (High: 9070.8060 / Low: 8887.8017).

January Spread (Volatile) ±486.6641

October Spread (Stable) ±183.0043

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 248.8420 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -248.8420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 9454.0478) against the same month in 2022 (average: 8743.0028), the exchange rate shifted by +711.0450 (+8.13%).

2023 Avg (July) 9454.0478

2022 Avg (July) 8743.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9427.4289	8940.7648	9181.7275
February	9468.0994	9043.9883	9204.3404
March	9301.4450	9066.4408	9163.7355
April	9475.1729	9233.9784	9383.2205
May	9494.2395	9118.3445	9279.9341
June	9357.5515	9112.8442	9239.9172
July	9617.1345	9270.5500	9454.0478
August	9442.8575	9241.8409	9332.5690
September	9218.6511	8919.3327	9083.7270
October	9070.8060	8887.8017	8986.4683
November	9354.6638	8995.5262	9197.9483
December	9390.2060	9150.1039	9278.9228