2023 RON to MMK Historical Review

YEARLY HIGH

477.4448 MMK

YEARLY LOW

442.0892 MMK

YEARLY AVERAGE

459.0102 MMK

2023 RON to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 477.4448. Conversely, the yearly low was recorded on October 3, dropping to 442.0892.

This high-to-low spread represents a total annual volatility of 35.3556 MMK. From a start-to-finish perspective, comparing the January average rate of 459.7882 to the December average rate of 461.9011, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 477.4448 was up 4.82% compared to the 2022 peak of 455.4830, 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 2,387,224 MMK

2022 Average 2,056,268 MMK

Yearly Trough Low 2,210,446 MMK

Transaction Impact: A difference of 176,778.14 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

471.7236

444.0379

JanuMarcMayJulySeptNove

RON to MMK 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 459.8300, compared to 458.1904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6395 points.

H1 Avg (Jan–Jun) 459.8300

H2 Avg (Jul–Dec) 458.1904

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 21.1909 MMK (High: 469.5474 / Low: 448.3565). On the other end, October was the most stable month, with a tight range of 8.5945 MMK (High: 450.6837 / Low: 442.0892).

January Spread (Volatile) ±21.1909

October Spread (Stable) ±8.5945

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 12.1567 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.1567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 469.4165) against the same month in 2022 (average: 382.1876), the exchange rate shifted by +87.2289 (+22.82%).

2023 Avg (July) 469.4165

2022 Avg (July) 382.1876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	469.5474	448.3565	459.7882
February	471.0685	449.9201	457.8946
March	464.0197	448.6463	455.7568
April	469.9625	457.7022	465.8163
May	471.5123	452.4938	460.8028
June	465.0694	452.3198	458.9210
July	477.4448	458.9060	469.4165
August	468.8469	459.2584	463.5344
September	458.5923	443.9307	451.3777
October	450.6837	442.0892	446.3450
November	464.5019	447.1491	456.5679
December	469.8600	455.0277	461.9011