2023 RON to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 103.3107. Conversely, the yearly low was recorded on March 5, dropping to 93.0560.
This high-to-low spread represents a total annual volatility of 10.2547 KZT. From a start-to-finish perspective, comparing the January average rate of 101.2728 to the December average rate of 100.8880, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 103.3107 was down 10.87% compared to the 2022 peak of 115.9099, 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 KZT 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 99.0105, compared to 100.5659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 9.6152 KZT (High: 102.6713 / Low: 93.0560). On the other end, November was the most stable month, with a tight range of 2.2539 KZT (High: 101.8386 / Low: 99.5847).
Growth Streaks & Declines
TrendsBetween May and October, 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 January and February, when the average rate fell by 2.8306 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 98.4422) against the same month in 2022 (average: 100.0294), the exchange rate shifted by -1.5872 (-1.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 103.0708 | 98.9568 | 101.2728 |
| February | 103.3107 | 95.5376 | 98.4422 |
| March | 102.6713 | 93.0560 | 98.0871 |
| April | 102.0596 | 97.9432 | 100.2738 |
| May | 100.4101 | 95.6890 | 97.9332 |
| June | 99.9601 | 96.1419 | 98.0542 |
| July | 101.2252 | 97.7396 | 99.6093 |
| August | 102.5472 | 98.4097 | 100.0217 |
| September | 102.3601 | 99.7146 | 100.7324 |
| October | 102.5287 | 99.8622 | 101.3334 |
| November | 101.8386 | 99.5847 | 100.8109 |
| December | 102.1215 | 99.2446 | 100.8880 |