2023 TWD to RON Historical Review

YEARLY HIGH

0.1527 RON

YEARLY LOW

0.1414 RON

YEARLY AVERAGE

0.1469 RON

2023 TWD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.1527. Conversely, the yearly low was recorded on August 13, dropping to 0.1414.

This high-to-low spread represents a total annual volatility of 0.0113 RON. From a start-to-finish perspective, comparing the January average rate of 0.1503 to the December average rate of 0.1458, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1527 was down 7.63% compared to the 2022 peak of 0.1653, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 764 RON

2022 Average 787 RON

Yearly Trough Low 707 RON

Transaction Impact: A difference of 56.41 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1524

0.1415

JanuMarcMayJulySeptNove

TWD 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 0.1494, compared to 0.1444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1494

H2 Avg (Jul–Dec) 0.1444

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0061 RON (High: 0.1514 / Low: 0.1452). On the other end, December was the most stable month, with a tight range of 0.0022 RON (High: 0.1469 / Low: 0.1447).

May Spread (Volatile) ±0.0061

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1515) against the same month in 2022 (average: 0.1564), the exchange rate shifted by -0.0049 (-3.14%).

2023 Avg (February) 0.1515

2022 Avg (February) 0.1564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1525	0.1481	0.1503
February	0.1527	0.1500	0.1515
March	0.1519	0.1490	0.1506
April	0.1499	0.1455	0.1474
May	0.1514	0.1452	0.1484
June	0.1513	0.1459	0.1485
July	0.1464	0.1416	0.1433
August	0.1437	0.1414	0.1424
September	0.1469	0.1438	0.1453
October	0.1470	0.1442	0.1456
November	0.1454	0.1424	0.1441
December	0.1469	0.1447	0.1458