YEARLY HIGH
1653.9687 PYG
YEARLY LOW
1533.9683 PYG
YEARLY AVERAGE
1593.5357 PYG

2023 RON to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1653.9687. Conversely, the yearly low was recorded on October 3, dropping to 1533.9683.

This high-to-low spread represents a total annual volatility of 120.0004 PYG. From a start-to-finish perspective, comparing the January average rate of 1615.0659 to the December average rate of 1616.8010, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1653.9687 was up 1.57% compared to the 2022 peak of 1628.4809, 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 8,269,844 PYG
2022 Average 7,457,556 PYG
Yearly Trough Low 7,669,842 PYG
Transaction Impact: A difference of 600,001.94 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1631.6656
1555.9678
JanuMarcMayJulySeptNove

RON to PYG 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 1587.3948, compared to 1599.6766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.2818 points.

H1 Avg (Jan–Jun) 1587.3948
H2 Avg (Jul–Dec) 1599.6766

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 89.2996 PYG (High: 1651.6138 / Low: 1562.3142). On the other end, August was the most stable month, with a tight range of 32.3904 PYG (High: 1624.0697 / Low: 1591.6793).

January Spread (Volatile) ±89.2996
August Spread (Stable) ±32.3904

Growth Streaks & Declines

Trends

Between May and July, 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 41.1683 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -41.1683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1625.3575) against the same month in 2022 (average: 1417.1077), the exchange rate shifted by +208.2497 (+14.70%).

2023 Avg (July) 1625.3575
2022 Avg (July) 1417.1077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1651.6138 1562.3142 1615.0659
February 1647.7829 1564.1849 1591.8929
March 1585.2706 1539.2026 1562.2760
April 1623.7887 1558.3640 1589.5645
May 1613.8226 1554.7746 1580.8785
June 1607.0460 1554.0295 1584.6911
July 1653.9687 1587.8122 1625.3575
August 1624.0697 1591.6793 1605.2281
September 1587.7088 1540.7840 1564.0598
October 1594.3501 1533.9683 1567.8471
November 1646.0783 1589.1324 1618.7658
December 1640.0080 1592.9382 1616.8010