2023 RON to JPY Historical Review

YEARLY HIGH

33.0364 JPY

YEARLY LOW

28.0140 JPY

YEARLY AVERAGE

30.7122 JPY

2023 RON to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 33.0364. Conversely, the yearly low was recorded on January 14, dropping to 28.0140.

This high-to-low spread represents a total annual volatility of 5.0224 JPY. From a start-to-finish perspective, comparing the January average rate of 28.4991 to the December average rate of 31.5648, the exchange rate registered a net change of 10.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 33.0364 was up 9.09% compared to the 2022 peak of 30.2841, 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 165,182 JPY

2022 Average 139,980 JPY

Yearly Trough Low 140,070 JPY

Transaction Impact: A difference of 25,112.25 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.0171

28.0884

JanuMarcMayJulySeptNove

RON to JPY 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 29.5401, compared to 31.8844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3443 points.

H1 Avg (Jan–Jun) 29.5401

H2 Avg (Jul–Dec) 31.8844

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.7213 JPY (High: 31.7787 / Low: 30.0574). On the other end, September was the most stable month, with a tight range of 0.4143 JPY (High: 31.9745 / Low: 31.5603).

June Spread (Volatile) ±1.7213

September Spread (Stable) ±0.4143

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0415 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 32.6064) against the same month in 2022 (average: 29.5075), the exchange rate shifted by +3.0989 (+10.50%).

2023 Avg (November) 32.6064

2022 Avg (November) 29.5075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.9994	28.0140	28.4991
February	29.3685	28.6298	29.0351
March	29.5428	28.5418	29.0331
April	30.4805	28.9386	29.6573
May	30.6203	29.7770	30.1222
June	31.7787	30.0574	30.8936
July	31.9490	30.9398	31.5880
August	32.3180	31.5439	31.9612
September	31.9745	31.5603	31.7757
October	32.2266	31.3915	31.8102
November	33.0364	32.0786	32.6064
December	32.2621	31.1526	31.5648