YEARLY HIGH
0.0019 RON
YEARLY LOW
0.0017 RON
YEARLY AVERAGE
0.0018 RON

2023 SYP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0019. Conversely, the yearly low was recorded on July 16, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0001 RON. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0018, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0019 was down 7.78% compared to the 2022 peak of 0.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 RON
2022 Average 9 RON
Yearly Trough Low 9 RON
Transaction Impact: A difference of 0.71 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0019
0.0018
JanuMarcMayJulySeptNove

SYP 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 0.0018, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 RON (High: 0.0019 / Low: 0.0018). On the other end, August was the most stable month, with a tight range of 0.0000 RON (High: 0.0018 / Low: 0.0018).

February Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0019) against the same month in 2022 (average: 0.0020), the exchange rate shifted by -0.0001 (-6.16%).

2023 Avg (October) 0.0019
2022 Avg (October) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0018 0.0018
February 0.0019 0.0018 0.0018
March 0.0019 0.0018 0.0018
April 0.0018 0.0018 0.0018
May 0.0018 0.0018 0.0018
June 0.0018 0.0018 0.0018
July 0.0018 0.0017 0.0018
August 0.0018 0.0018 0.0018
September 0.0019 0.0018 0.0019
October 0.0019 0.0019 0.0019
November 0.0019 0.0018 0.0018
December 0.0018 0.0018 0.0018