YEARLY HIGH
103.3107 KZT
YEARLY LOW
93.0560 KZT
YEARLY AVERAGE
99.7882 KZT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 516,553 KZT
2022 Average 492,912 KZT
Yearly Trough Low 465,280 KZT
Transaction Impact: A difference of 51,273.32 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

101.6734
97.5932
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 99.0105
H2 Avg (Jul–Dec) 100.5659

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±9.6152
November Spread (Stable) ±2.2539

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.8306

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (February) 98.4422
2022 Avg (February) 100.0294

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