YEARLY HIGH
0.1299 RON
YEARLY LOW
0.1174 RON
YEARLY AVERAGE
0.1243 RON

2023 UAH to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.1299. Conversely, the yearly low was recorded on December 28, dropping to 0.1174.

This high-to-low spread represents a total annual volatility of 0.0125 RON. From a start-to-finish perspective, comparing the January average rate of 0.1243 to the December average rate of 0.1224, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1299 was down 22.17% compared to the 2022 peak of 0.1669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 650 RON
2022 Average 725 RON
Yearly Trough Low 587 RON
Transaction Impact: A difference of 62.53 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1296
0.1205
JanuMarcMayJulySeptNove

UAH 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 0.1239, compared to 0.1247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1239
H2 Avg (Jul–Dec) 0.1247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0082 RON (High: 0.1256 / Low: 0.1174). On the other end, August was the most stable month, with a tight range of 0.0025 RON (High: 0.1238 / Low: 0.1213).

December Spread (Volatile) ±0.0082
August Spread (Stable) ±0.0025

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 November and December, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1288) against the same month in 2022 (average: 0.1358), the exchange rate shifted by -0.0070 (-5.12%).

2023 Avg (October) 0.1288
2022 Avg (October) 0.1358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1274 0.1217 0.1243
February 0.1270 0.1207 0.1246
March 0.1267 0.1225 0.1249
April 0.1248 0.1210 0.1223
May 0.1261 0.1206 0.1235
June 0.1257 0.1223 0.1239
July 0.1239 0.1191 0.1213
August 0.1238 0.1213 0.1227
September 0.1281 0.1240 0.1260
October 0.1299 0.1268 0.1288
November 0.1295 0.1243 0.1272
December 0.1256 0.1174 0.1224