2023 RON to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 4589.9408. Conversely, the yearly low was recorded on March 18, dropping to 3606.5419.
This high-to-low spread represents a total annual volatility of 983.3989 LAK. From a start-to-finish perspective, comparing the January average rate of 3719.3621 to the December average rate of 4538.2009, the exchange rate registered a net change of 22.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4589.9408 was up 18.62% compared to the 2022 peak of 3869.3076, 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 LAK 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 3790.6542, compared to 4379.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 588.3633 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 334.9304 LAK (High: 4174.9503 / Low: 3840.0199). On the other end, January was the most stable month, with a tight range of 82.9480 LAK (High: 3764.8787 / Low: 3681.9307).
Growth Streaks & Declines
TrendsBetween March and August, 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 40.3705 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 4538.2009) against the same month in 2022 (average: 3729.0149), the exchange rate shifted by +809.1860 (+21.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3764.8787 | 3681.9307 | 3719.3621 |
| February | 3777.7205 | 3613.0146 | 3678.9916 |
| March | 3733.3689 | 3606.5419 | 3667.8472 |
| April | 3875.5532 | 3701.5897 | 3806.9379 |
| May | 3907.4728 | 3805.9275 | 3852.8643 |
| June | 4174.9503 | 3840.0199 | 4017.9221 |
| July | 4353.5302 | 4126.5127 | 4276.1133 |
| August | 4346.4407 | 4226.1470 | 4291.5466 |
| September | 4342.3204 | 4242.1302 | 4283.3667 |
| October | 4443.7034 | 4293.6390 | 4381.1455 |
| November | 4576.7260 | 4415.4494 | 4503.7321 |
| December | 4589.9408 | 4489.6735 | 4538.2009 |