YEARLY HIGH
0.3663 RON
YEARLY LOW
0.3322 RON
YEARLY AVERAGE
0.3426 RON

2023 BWP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3663. Conversely, the yearly low was recorded on August 15, dropping to 0.3322.

This high-to-low spread represents a total annual volatility of 0.0340 RON. From a start-to-finish perspective, comparing the January average rate of 0.3576 to the December average rate of 0.3370, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3663 was down 7.50% compared to the 2022 peak of 0.3959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,831 RON
2022 Average 1,896 RON
Yearly Trough Low 1,661 RON
Transaction Impact: A difference of 170.19 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3598
0.3336
JanuMarcMayJulySeptNove

BWP 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 0.3464, compared to 0.3389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.3464
H2 Avg (Jul–Dec) 0.3389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0151 RON (High: 0.3663 / Low: 0.3511). On the other end, May was the most stable month, with a tight range of 0.0042 RON (High: 0.3403 / Low: 0.3361).

January Spread (Volatile) ±0.0151
May Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3576) against the same month in 2022 (average: 0.3763), the exchange rate shifted by -0.0187 (-4.96%).

2023 Avg (January) 0.3576
2022 Avg (January) 0.3763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3663 0.3511 0.3576
February 0.3557 0.3471 0.3506
March 0.3527 0.3415 0.3481
April 0.3519 0.3378 0.3432
May 0.3403 0.3361 0.3382
June 0.3435 0.3348 0.3404
July 0.3455 0.3324 0.3376
August 0.3398 0.3322 0.3358
September 0.3446 0.3369 0.3409
October 0.3452 0.3387 0.3423
November 0.3453 0.3338 0.3400
December 0.3409 0.3332 0.3370