YEARLY HIGH
3433.8685 LBP
YEARLY LOW
324.7695 LBP
YEARLY AVERAGE
3002.6503 LBP

2023 RON to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 3433.8685. Conversely, the yearly low was recorded on January 5, dropping to 324.7695.

This high-to-low spread represents a total annual volatility of 3109.0989 LBP. From a start-to-finish perspective, comparing the January average rate of 331.8902 to the December average rate of 3306.9305, the exchange rate registered a net change of 896.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3433.8685 was up 877.19% compared to the 2022 peak of 351.4020, 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 17,169,342 LBP
2022 Average 1,619,475 LBP
Yearly Trough Low 1,623,848 LBP
Transaction Impact: A difference of 15,545,494.57 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3675.5974
27.9168
JanuMarcMayJulySeptNove

RON to LBP 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 2721.9845, compared to 3283.3160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 561.3315 points.

H1 Avg (Jan–Jun) 2721.9845
H2 Avg (Jul–Dec) 3283.3160

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 3042.0763 LBP (High: 3375.0570 / Low: 332.9807). On the other end, January was the most stable month, with a tight range of 13.9071 LBP (High: 338.6767 / Low: 324.7695).

February Spread (Volatile) ±3042.0763
January Spread (Stable) ±13.9071

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 87.8022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -87.8022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 3371.6241) against the same month in 2022 (average: 312.1076), the exchange rate shifted by +3059.5165 (+980.28%).

2023 Avg (July) 3371.6241
2022 Avg (July) 312.1076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 338.6767 324.7695 331.8902
February 3375.0570 332.9807 2754.4398
March 3324.9844 3206.7634 3276.4409
April 3388.1144 3293.7544 3351.9155
May 3415.3433 3239.0125 3311.8698
June 3364.8860 3249.5222 3305.3508
July 3433.8685 3280.0746 3371.6241
August 3377.9298 3282.9815 3324.0983
September 3281.6214 3174.9551 3236.2961
October 3226.5293 3163.7662 3194.7522
November 3324.0651 3201.7212 3266.1950
December 3359.3941 3256.0515 3306.9305