2023 RON to MNT Historical Review

YEARLY HIGH

800.5733 MNT

YEARLY LOW

725.9643 MNT

YEARLY AVERAGE

757.0560 MNT

2023 RON to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 800.5733. Conversely, the yearly low was recorded on October 3, dropping to 725.9643.

This high-to-low spread represents a total annual volatility of 74.6090 MNT. From a start-to-finish perspective, comparing the January average rate of 745.9333 to the December average rate of 758.0497, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 800.5733 was up 8.39% compared to the 2022 peak of 738.6214, 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 4,002,867 MNT

2022 Average 3,331,496 MNT

Yearly Trough Low 3,629,821 MNT

Transaction Impact: A difference of 373,045.15 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

790.7303

728.6314

JanuMarcMayJulySeptNove

RON to MNT 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 758.8413, compared to 755.2706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5706 points.

H1 Avg (Jan–Jun) 758.8413

H2 Avg (Jul–Dec) 755.2706

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 40.4324 MNT (High: 771.1018 / Low: 730.6694). On the other end, October was the most stable month, with a tight range of 14.7288 MNT (High: 740.6930 / Low: 725.9643).

March Spread (Volatile) ±40.4324

October Spread (Stable) ±14.7288

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 July and August, when the average rate fell by 24.0193 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -24.0193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 785.5554) against the same month in 2022 (average: 648.7119), the exchange rate shifted by +136.8435 (+21.09%).

2023 Avg (July) 785.5554

2022 Avg (July) 648.7119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	761.1119	726.9899	745.9333
February	764.3048	729.6679	742.7775
March	771.1018	730.6694	741.2775
April	788.7199	768.6427	781.3740
May	790.3070	758.5687	772.5317
June	779.3899	758.1111	769.1538
July	800.5733	769.1279	785.5554
August	769.9346	754.5272	761.5361
September	752.7656	728.5398	741.7066
October	740.6930	725.9643	733.8063
November	763.6460	734.9808	750.9697
December	770.3644	746.9473	758.0497