YEARLY HIGH
1.2671 RON
YEARLY LOW
1.1714 RON
YEARLY AVERAGE
1.2193 RON

2023 SAR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.2671. Conversely, the yearly low was recorded on July 15, dropping to 1.1714.

This high-to-low spread represents a total annual volatility of 0.0957 RON. From a start-to-finish perspective, comparing the January average rate of 1.2161 to the December average rate of 1.2134, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2671 was down 7.50% compared to the 2022 peak of 1.3699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,335 RON
2022 Average 6,243 RON
Yearly Trough Low 5,857 RON
Transaction Impact: A difference of 478.48 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2597
1.1853
JanuMarcMayJulySeptNove

SAR 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 1.2166, compared to 1.2219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 1.2166
H2 Avg (Jul–Dec) 1.2219

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0574 RON (High: 1.2453 / Low: 1.1879). On the other end, August was the most stable month, with a tight range of 0.0247 RON (High: 1.2189 / Low: 1.1943).

February Spread (Volatile) ±0.0574
August Spread (Stable) ±0.0247

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0285 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.2535) against the same month in 2022 (average: 1.3331), the exchange rate shifted by -0.0797 (-5.98%).

2023 Avg (October) 1.2535
2022 Avg (October) 1.3331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2469 1.1923 1.2161
February 1.2453 1.1879 1.2228
March 1.2422 1.2047 1.2254
April 1.2198 1.1895 1.2006
May 1.2368 1.1873 1.2148
June 1.2375 1.2036 1.2200
July 1.2160 1.1714 1.1915
August 1.2189 1.1943 1.2078
September 1.2626 1.2220 1.2403
October 1.2671 1.2417 1.2535
November 1.2513 1.2045 1.2252
December 1.2315 1.1943 1.2134