2023 SEK to RON Historical Review

YEARLY HIGH

0.4513 RON

YEARLY LOW

0.4135 RON

YEARLY AVERAGE

0.4312 RON

2023 SEK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.4513. Conversely, the yearly low was recorded on August 26, dropping to 0.4135.

This high-to-low spread represents a total annual volatility of 0.0378 RON. From a start-to-finish perspective, comparing the January average rate of 0.4396 to the December average rate of 0.4444, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4513 was down 6.59% compared to the 2022 peak of 0.4831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,256 RON

2022 Average 2,319 RON

Yearly Trough Low 2,068 RON

Transaction Impact: A difference of 188.89 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4470

0.4156

JanuMarcMayJulySeptNove

SEK 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 0.4352, compared to 0.4272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.4352

H2 Avg (Jul–Dec) 0.4272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0174 RON (High: 0.4380 / Low: 0.4206). On the other end, April was the most stable month, with a tight range of 0.0082 RON (High: 0.4397 / Low: 0.4316).

November Spread (Volatile) ±0.0174

April Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 0.0096 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4444) against the same month in 2022 (average: 0.4471), the exchange rate shifted by -0.0027 (-0.59%).

2023 Avg (December) 0.4444

2022 Avg (December) 0.4471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4447	0.4339	0.4396
February	0.4468	0.4295	0.4387
March	0.4430	0.4299	0.4379
April	0.4397	0.4316	0.4353
May	0.4407	0.4259	0.4348
June	0.4303	0.4205	0.4252
July	0.4316	0.4160	0.4246
August	0.4247	0.4135	0.4182
September	0.4310	0.4154	0.4194
October	0.4314	0.4185	0.4265
November	0.4380	0.4206	0.4304
December	0.4513	0.4363	0.4444