2023 RSD to RON Historical Review

YEARLY HIGH

0.0426 RON

YEARLY LOW

0.0415 RON

YEARLY AVERAGE

0.0422 RON

2023 RSD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0426. Conversely, the yearly low was recorded on January 26, dropping to 0.0415.

This high-to-low spread represents a total annual volatility of 0.0011 RON. From a start-to-finish perspective, comparing the January average rate of 0.0420 to the December average rate of 0.0424, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0426 was up 0.40% compared to the 2022 peak of 0.0424, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RSD based on timing:

Yearly Peak High 213 RON

2022 Average 210 RON

Yearly Trough Low 208 RON

Transaction Impact: A difference of 5.27 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0425

0.0418

JanuMarcMayJulySeptNove

RSD to RON 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 0.0421, compared to 0.0423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0421

H2 Avg (Jul–Dec) 0.0423

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0008 RON (High: 0.0426 / Low: 0.0418). On the other end, August was the most stable month, with a tight range of 0.0002 RON (High: 0.0422 / Low: 0.0421).

November Spread (Volatile) ±0.0008

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0424) against the same month in 2022 (average: 0.0419), the exchange rate shifted by +0.0005 (+1.21%).

2023 Avg (November) 0.0424

2022 Avg (November) 0.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0423	0.0415	0.0420
February	0.0421	0.0417	0.0418
March	0.0424	0.0418	0.0420
April	0.0425	0.0420	0.0421
May	0.0425	0.0420	0.0422
June	0.0425	0.0422	0.0423
July	0.0423	0.0420	0.0422
August	0.0422	0.0421	0.0421
September	0.0424	0.0422	0.0423
October	0.0425	0.0420	0.0424
November	0.0426	0.0418	0.0424
December	0.0425	0.0422	0.0424