YEARLY HIGH
42.0798 LRD
YEARLY LOW
32.9341 LRD
YEARLY AVERAGE
38.1785 LRD

2023 RON to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 42.0798. Conversely, the yearly low was recorded on February 24, dropping to 32.9341.

This high-to-low spread represents a total annual volatility of 9.1457 LRD. From a start-to-finish perspective, comparing the January average rate of 34.0206 to the December average rate of 41.3590, the exchange rate registered a net change of 21.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.0798 was up 18.58% compared to the 2022 peak of 35.4863, 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 210,399 LRD
2022 Average 163,314 LRD
Yearly Trough Low 164,670 LRD
Transaction Impact: A difference of 45,728.36 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.0928
33.2867
JanuMarcMayJulySeptNove

RON to LRD 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 35.6411, compared to 40.7158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0747 points.

H1 Avg (Jan–Jun) 35.6411
H2 Avg (Jul–Dec) 40.7158

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 3.1306 LRD (High: 39.6466 / Low: 36.5160). On the other end, October was the most stable month, with a tight range of 0.8615 LRD (High: 40.1477 / Low: 39.2862).

June Spread (Volatile) ±3.1306
October Spread (Stable) ±0.8615

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.0635 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.0635

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 41.3590) against the same month in 2022 (average: 33.1875), the exchange rate shifted by +8.1714 (+24.62%).

2023 Avg (December) 41.3590
2022 Avg (December) 33.1875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.9787 32.9677 34.0206
February 35.1983 32.9341 34.1125
March 35.7197 33.5682 34.6617
April 36.9257 35.4506 36.2204
May 37.1685 36.2195 36.6557
June 39.6466 36.5160 38.1760
July 41.9772 39.6112 41.1183
August 41.6211 40.6789 41.1254
September 40.5830 39.4151 40.0620
October 40.1477 39.2862 39.7496
November 41.6242 39.9446 40.8808
December 42.0798 40.7357 41.3590