YEARLY HIGH
0.5670 RON
YEARLY LOW
0.5252 RON
YEARLY AVERAGE
0.5482 RON

2023 SBD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5670. Conversely, the yearly low was recorded on July 16, dropping to 0.5252.

This high-to-low spread represents a total annual volatility of 0.0418 RON. From a start-to-finish perspective, comparing the January average rate of 0.5527 to the December average rate of 0.5382, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5670 was down 10.17% compared to the 2022 peak of 0.6312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,835 RON
2022 Average 2,880 RON
Yearly Trough Low 2,626 RON
Transaction Impact: A difference of 208.99 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5616
0.5317
JanuMarcMayJulySeptNove

SBD 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 0.5514, compared to 0.5449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.5514
H2 Avg (Jul–Dec) 0.5449

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0256 RON (High: 0.5663 / Low: 0.5407). On the other end, August was the most stable month, with a tight range of 0.0109 RON (High: 0.5463 / Low: 0.5354).

February Spread (Volatile) ±0.0256
August Spread (Stable) ±0.0109

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 March and April, when the average rate fell by 0.0160 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5527) against the same month in 2022 (average: 0.5409), the exchange rate shifted by +0.0118 (+2.19%).

2023 Avg (January) 0.5527
2022 Avg (January) 0.5409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5670 0.5429 0.5527
February 0.5663 0.5407 0.5571
March 0.5652 0.5499 0.5591
April 0.5561 0.5368 0.5431
May 0.5566 0.5360 0.5472
June 0.5565 0.5424 0.5489
July 0.5458 0.5252 0.5342
August 0.5463 0.5354 0.5414
September 0.5658 0.5476 0.5538
October 0.5652 0.5530 0.5575
November 0.5576 0.5331 0.5446
December 0.5463 0.5306 0.5382