YEARLY HIGH
19.9904 KGS
YEARLY LOW
17.9398 KGS
YEARLY AVERAGE
19.2079 KGS

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RON based on timing:

Yearly Peak High 99,952 KGS
2022 Average 90,160 KGS
Yearly Trough Low 89,699 KGS
Transaction Impact: A difference of 10,253.07 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.7204
18.6503
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 19.0735
H2 Avg (Jul–Dec) 19.3422

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±1.2998
August Spread (Stable) ±0.2947

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4064

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (July) 19.6313
2022 Avg (July) 16.6523

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