2023 RON to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 101.2316. Conversely, the yearly low was recorded on September 14, dropping to 98.2236.
This high-to-low spread represents a total annual volatility of 3.0080 KMF. From a start-to-finish perspective, comparing the January average rate of 100.0564 to the December average rate of 99.1183, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 101.2316 was down 1.83% compared to the 2022 peak of 103.1167, 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 KMF 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 99.8405, compared to 99.3392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5013 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 2.6757 KMF (High: 100.9005 / Low: 98.2248). On the other end, August was the most stable month, with a tight range of 0.6800 KMF (High: 100.0968 / Low: 99.4168).
Growth Streaks & Declines
TrendsBetween September and November, 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 0.5605 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 100.3091) against the same month in 2022 (average: 99.5405), the exchange rate shifted by +0.7686 (+0.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 100.8032 | 99.2946 | 100.0564 |
| February | 101.2316 | 99.6094 | 100.3091 |
| March | 101.0506 | 98.9049 | 100.1107 |
| April | 100.1514 | 98.5337 | 99.6750 |
| May | 100.1650 | 98.3503 | 99.4860 |
| June | 100.2317 | 98.7124 | 99.4058 |
| July | 100.7610 | 98.9364 | 99.7008 |
| August | 100.0968 | 99.4168 | 99.6473 |
| September | 99.5416 | 98.2236 | 99.0868 |
| October | 99.7467 | 98.6666 | 99.1676 |
| November | 100.8874 | 98.3072 | 99.3146 |
| December | 100.9005 | 98.2248 | 99.1183 |