2023 RON to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 204.7502. Conversely, the yearly low was recorded on October 3, dropping to 189.3820.
This high-to-low spread represents a total annual volatility of 15.3682 KPW. From a start-to-finish perspective, comparing the January average rate of 197.0493 to the December average rate of 197.7521, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 204.7502 was down 1.84% compared to the 2022 peak of 208.5892, 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 KPW 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 197.1680, compared to 196.4422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7258 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 9.1499 KPW (High: 201.9024 / Low: 192.7525). On the other end, October was the most stable month, with a tight range of 3.8423 KPW (High: 193.2243 / Low: 189.3820).
Growth Streaks & Declines
TrendsBetween 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 5.1729 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 201.4177) against the same month in 2022 (average: 185.8230), the exchange rate shifted by +15.5947 (+8.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 201.0589 | 192.0451 | 197.0493 |
| February | 201.9024 | 192.7525 | 196.2156 |
| March | 198.8612 | 193.0171 | 195.6101 |
| April | 201.7186 | 196.5838 | 199.8399 |
| May | 202.1246 | 194.0073 | 197.5784 |
| June | 199.3325 | 193.8903 | 196.7145 |
| July | 204.7502 | 197.3857 | 201.4177 |
| August | 200.8525 | 196.8332 | 198.6616 |
| September | 196.3736 | 190.0538 | 193.4887 |
| October | 193.2243 | 189.3820 | 191.4277 |
| November | 199.2120 | 191.7341 | 195.9051 |
| December | 200.9646 | 194.8558 | 197.7521 |