2023 RON to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 19.9904. Conversely, the yearly low was recorded on January 5, dropping to 17.9398.
This high-to-low spread represents a total annual volatility of 2.0506 KGS. From a start-to-finish perspective, comparing the January average rate of 18.7395 to the December average rate of 19.5845, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 19.9904 was down 12.91% compared to the 2022 peak of 22.9545, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RON to KGS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.0735, compared to 19.3422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2687 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1.2998 KGS (High: 19.2397 / Low: 17.9398). On the other end, August was the most stable month, with a tight range of 0.2947 KGS (High: 19.5903 / Low: 19.2956).
Growth Streaks & Declines
TrendsBetween January and April, 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 August and September, when the average rate fell by 0.4064 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 19.6313) against the same month in 2022 (average: 16.6523), the exchange rate shifted by +2.9790 (+17.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.2397 | 17.9398 | 18.7395 |
| February | 19.3265 | 18.7227 | 18.9593 |
| March | 19.3161 | 18.7484 | 19.0002 |
| April | 19.6160 | 19.0948 | 19.4244 |
| May | 19.6555 | 18.8812 | 19.2024 |
| June | 19.3362 | 18.8475 | 19.1153 |
| July | 19.9904 | 19.1791 | 19.6313 |
| August | 19.5903 | 19.2956 | 19.4417 |
| September | 19.2565 | 18.7330 | 19.0353 |
| October | 19.1764 | 18.6668 | 18.9529 |
| November | 19.6820 | 19.0285 | 19.4076 |
| December | 19.8795 | 19.3384 | 19.5845 |