YEARLY HIGH
0.2761 RON
YEARLY LOW
0.2324 RON
YEARLY AVERAGE
0.2483 RON

2023 SZL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2761. Conversely, the yearly low was recorded on August 15, dropping to 0.2324.

This high-to-low spread represents a total annual volatility of 0.0436 RON. From a start-to-finish perspective, comparing the January average rate of 0.2671 to the December average rate of 0.2443, the exchange rate registered a net change of -8.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2761 was down 11.77% compared to the 2022 peak of 0.3129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,380 RON
2022 Average 1,435 RON
Yearly Trough Low 1,162 RON
Transaction Impact: A difference of 218.22 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2699
0.2366
JanuMarcMayJulySeptNove

SZL 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 0.2513, compared to 0.2452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.2513
H2 Avg (Jul–Dec) 0.2452

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0177 RON (High: 0.2556 / Low: 0.2379). On the other end, October was the most stable month, with a tight range of 0.0081 RON (High: 0.2502 / Low: 0.2421).

July Spread (Volatile) ±0.0177
October Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.0108 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2671) against the same month in 2022 (average: 0.2823), the exchange rate shifted by -0.0152 (-5.39%).

2023 Avg (January) 0.2671
2022 Avg (January) 0.2823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2761 0.2598 0.2671
February 0.2642 0.2522 0.2563
March 0.2563 0.2456 0.2521
April 0.2578 0.2434 0.2485
May 0.2446 0.2342 0.2393
June 0.2496 0.2335 0.2446
July 0.2556 0.2379 0.2454
August 0.2487 0.2324 0.2413
September 0.2506 0.2408 0.2454
October 0.2502 0.2421 0.2466
November 0.2549 0.2412 0.2483
December 0.2498 0.2371 0.2443