2023 RON to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 4684.6656. Conversely, the yearly low was recorded on January 5, dropping to 3769.4179.
This high-to-low spread represents a total annual volatility of 915.2477 SLL. From a start-to-finish perspective, comparing the January average rate of 3867.6391 to the December average rate of 4607.5141, the exchange rate registered a net change of 19.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4684.6656 was up 22.32% compared to the 2022 peak of 3829.7273, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RON to SLL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3869.9692, compared to 4469.6030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 599.6338 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 810.4222 SLL (High: 4684.6656 / Low: 3874.2434). On the other end, October was the most stable month, with a tight range of 89.5231 SLL (High: 4502.0181 / Low: 4412.4950).
Growth Streaks & Declines
TrendsBetween June and August, 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 120.5261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 4048.5798) against the same month in 2022 (average: 2792.3852), the exchange rate shifted by +1256.1945 (+44.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3946.3396 | 3769.4179 | 3867.6391 |
| February | 3962.8948 | 3783.3033 | 3851.2762 |
| March | 3903.2032 | 3788.4962 | 3839.3926 |
| April | 3959.2887 | 3858.5033 | 3922.4130 |
| May | 3967.2558 | 3807.9327 | 3878.0256 |
| June | 3912.4532 | 3805.6357 | 3861.0689 |
| July | 4684.6656 | 3874.2434 | 4048.5798 |
| August | 4679.7518 | 4586.1036 | 4628.7048 |
| September | 4575.3966 | 4428.1491 | 4508.1786 |
| October | 4502.0181 | 4412.4950 | 4460.1597 |
| November | 4641.5291 | 4467.2987 | 4564.4811 |
| December | 4682.3642 | 4540.0320 | 4607.5141 |