YEARLY HIGH
0.5429 RON
YEARLY LOW
0.5027 RON
YEARLY AVERAGE
0.5230 RON

2023 SVC to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.5429. Conversely, the yearly low was recorded on July 14, dropping to 0.5027.

This high-to-low spread represents a total annual volatility of 0.0402 RON. From a start-to-finish perspective, comparing the January average rate of 0.5220 to the December average rate of 0.5196, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5429 was down 7.79% compared to the 2022 peak of 0.5888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,715 RON
2022 Average 2,679 RON
Yearly Trough Low 2,513 RON
Transaction Impact: A difference of 201.25 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5404
0.5087
JanuMarcMayJulySeptNove

SVC 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 0.5220, compared to 0.5240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.5220
H2 Avg (Jul–Dec) 0.5240

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0242 RON (High: 0.5353 / Low: 0.5110). On the other end, October was the most stable month, with a tight range of 0.0104 RON (High: 0.5429 / Low: 0.5325).

January Spread (Volatile) ±0.0242
October Spread (Stable) ±0.0104

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 October and November, when the average rate fell by 0.0120 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5377) against the same month in 2022 (average: 0.5727), the exchange rate shifted by -0.0350 (-6.11%).

2023 Avg (October) 0.5377
2022 Avg (October) 0.5727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5353 0.5110 0.5220
February 0.5334 0.5095 0.5242
March 0.5349 0.5172 0.5267
April 0.5243 0.5107 0.5153
May 0.5304 0.5090 0.5209
June 0.5306 0.5160 0.5230
July 0.5230 0.5027 0.5113
August 0.5226 0.5119 0.5178
September 0.5406 0.5234 0.5317
October 0.5429 0.5325 0.5377
November 0.5367 0.5167 0.5257
December 0.5274 0.5108 0.5196