2023 RON to NZD Historical Review

YEARLY HIGH

0.3722 NZD

YEARLY LOW

0.3382 NZD

YEARLY AVERAGE

0.3562 NZD

2023 RON to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.3722. Conversely, the yearly low was recorded on January 8, dropping to 0.3382.

This high-to-low spread represents a total annual volatility of 0.0340 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3418 to the December average rate of 0.3528, the exchange rate registered a net change of 3.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3722 was up 4.88% compared to the 2022 peak of 0.3549, 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 1,861 NZD

2022 Average 1,682 NZD

Yearly Trough Low 1,691 NZD

Transaction Impact: A difference of 170.03 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3713

0.3391

JanuMarcMayJulySeptNove

RON to NZD 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 0.3511, compared to 0.3612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.3511

H2 Avg (Jul–Dec) 0.3612

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0164 NZD (High: 0.3617 / Low: 0.3454). On the other end, December was the most stable month, with a tight range of 0.0048 NZD (High: 0.3556 / Low: 0.3509).

May Spread (Volatile) ±0.0164

December Spread (Stable) ±0.0048

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 November and December, when the average rate fell by 0.0102 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.3686) against the same month in 2022 (average: 0.3310), the exchange rate shifted by +0.0376 (+11.37%).

2023 Avg (August) 0.3686

2022 Avg (August) 0.3310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3442	0.3382	0.3418
February	0.3495	0.3434	0.3471
March	0.3547	0.3454	0.3502
April	0.3653	0.3498	0.3576
May	0.3617	0.3454	0.3537
June	0.3622	0.3530	0.3562
July	0.3656	0.3546	0.3596
August	0.3722	0.3635	0.3686
September	0.3681	0.3545	0.3627
October	0.3674	0.3533	0.3609
November	0.3662	0.3559	0.3629
December	0.3556	0.3509	0.3528