YEARLY HIGH
0.1392 RON
YEARLY LOW
0.1268 RON
YEARLY AVERAGE
0.1316 RON

2023 THB to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1392. Conversely, the yearly low was recorded on October 6, dropping to 0.1268.

This high-to-low spread represents a total annual volatility of 0.0124 RON. From a start-to-finish perspective, comparing the January average rate of 0.1376 to the December average rate of 0.1304, the exchange rate registered a net change of -5.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1392 was up 0.55% compared to the 2022 peak of 0.1385, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 34,810 RON
2022 Average 33,463 RON
Yearly Trough Low 31,710 RON
Transaction Impact: A difference of 3,099.72 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1384
0.1280
JanuMarcMayJulySeptNove

THB 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 0.1337, compared to 0.1295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1337
H2 Avg (Jul–Dec) 0.1295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0058 RON (High: 0.1335 / Low: 0.1277). On the other end, September was the most stable month, with a tight range of 0.0023 RON (High: 0.1310 / Low: 0.1287).

June Spread (Volatile) ±0.0058
September Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between July and September, 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 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1376) against the same month in 2022 (average: 0.1315), the exchange rate shifted by +0.0061 (+4.65%).

2023 Avg (January) 0.1376
2022 Avg (January) 0.1315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1392 0.1338 0.1376
February 0.1364 0.1322 0.1347
March 0.1369 0.1322 0.1337
April 0.1339 0.1301 0.1318
May 0.1348 0.1313 0.1333
June 0.1335 0.1277 0.1312
July 0.1310 0.1269 0.1291
August 0.1308 0.1279 0.1293
September 0.1310 0.1287 0.1299
October 0.1302 0.1268 0.1289
November 0.1309 0.1279 0.1297
December 0.1318 0.1290 0.1304