2023 RON to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |