YEARLY HIGH
0.4658 RON
YEARLY LOW
0.4019 RON
YEARLY AVERAGE
0.4237 RON

2023 TJS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.4658. Conversely, the yearly low was recorded on July 14, dropping to 0.4019.

This high-to-low spread represents a total annual volatility of 0.0639 RON. From a start-to-finish perspective, comparing the January average rate of 0.4465 to the December average rate of 0.4161, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4658 was down 10.56% compared to the 2022 peak of 0.5208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,329 RON
2022 Average 2,160 RON
Yearly Trough Low 2,009 RON
Transaction Impact: A difference of 319.64 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4502
0.4053
JanuMarcMayJulySeptNove

TJS 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 0.4290, compared to 0.4184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.4290
H2 Avg (Jul–Dec) 0.4184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0507 RON (High: 0.4657 / Low: 0.4150). On the other end, August was the most stable month, with a tight range of 0.0078 RON (High: 0.4166 / Low: 0.4089).

March Spread (Volatile) ±0.0507
August Spread (Stable) ±0.0078

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 March and April, when the average rate fell by 0.0238 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4417) against the same month in 2022 (average: 0.3862), the exchange rate shifted by +0.0555 (+14.37%).

2023 Avg (February) 0.4417
2022 Avg (February) 0.3862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4590 0.4356 0.4465
February 0.4658 0.4285 0.4417
March 0.4657 0.4150 0.4367
April 0.4200 0.4090 0.4129
May 0.4251 0.4082 0.4173
June 0.4251 0.4135 0.4189
July 0.4187 0.4019 0.4090
August 0.4166 0.4089 0.4128
September 0.4306 0.4169 0.4236
October 0.4325 0.4244 0.4287
November 0.4287 0.4142 0.4203
December 0.4225 0.4097 0.4161