2023 TRY to RON Historical Review

YEARLY HIGH

0.2496 RON

YEARLY LOW

0.1520 RON

YEARLY AVERAGE

0.1984 RON

2023 TRY to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2496. Conversely, the yearly low was recorded on December 28, dropping to 0.1520.

This high-to-low spread represents a total annual volatility of 0.0977 RON. From a start-to-finish perspective, comparing the January average rate of 0.2432 to the December average rate of 0.1564, the exchange rate registered a net change of -35.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2496 was down 25.51% compared to the 2022 peak of 0.3351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 12,482 RON

2022 Average 14,281 RON

Yearly Trough Low 7,599 RON

Transaction Impact: A difference of 4,883.02 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2521

0.1477

JanuMarcMayJulySeptNove

TRY 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 0.2310, compared to 0.1658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0652 points.

H1 Avg (Jan–Jun) 0.2310

H2 Avg (Jul–Dec) 0.1658

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0471 RON (High: 0.2212 / Low: 0.1741). On the other end, September was the most stable month, with a tight range of 0.0022 RON (High: 0.1734 / Low: 0.1712).

June Spread (Volatile) ±0.0471

September Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0365 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2432) against the same month in 2022 (average: 0.3229), the exchange rate shifted by -0.0796 (-24.66%).

2023 Avg (January) 0.2432

2022 Avg (January) 0.3229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2496	0.2379	0.2432
February	0.2474	0.2369	0.2434
March	0.2464	0.2368	0.2422
April	0.2384	0.2299	0.2328
May	0.2330	0.2235	0.2304
June	0.2212	0.1741	0.1939
July	0.1766	0.1633	0.1689
August	0.1765	0.1659	0.1683
September	0.1734	0.1712	0.1722
October	0.1728	0.1654	0.1686
November	0.1657	0.1562	0.1603
December	0.1596	0.1520	0.1564