YEARLY HIGH
1.7481 RON
YEARLY LOW
1.5994 RON
YEARLY AVERAGE
1.6747 RON

2023 WST to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.7481. Conversely, the yearly low was recorded on December 27, dropping to 1.5994.

This high-to-low spread represents a total annual volatility of 0.1487 RON. From a start-to-finish perspective, comparing the January average rate of 1.6934 to the December average rate of 1.6256, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7481 was down 6.95% compared to the 2022 peak of 1.8787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,741 RON
2022 Average 8,761 RON
Yearly Trough Low 7,997 RON
Transaction Impact: A difference of 743.52 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7197
1.6170
JanuMarcMayJulySeptNove

WST 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 1.6837, compared to 1.6657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 1.6837
H2 Avg (Jul–Dec) 1.6657

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0846 RON (High: 1.7481 / Low: 1.6635). On the other end, August was the most stable month, with a tight range of 0.0337 RON (High: 1.6820 / Low: 1.6483).

October Spread (Volatile) ±0.0846
August Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0691 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0691

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.7100) against the same month in 2022 (average: 1.7863), the exchange rate shifted by -0.0762 (-4.27%).

2023 Avg (October) 1.7100
2022 Avg (October) 1.7863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7373 1.6594 1.6934
February 1.7309 1.6525 1.7006
March 1.7285 1.6744 1.7052
April 1.6798 1.6370 1.6524
May 1.7021 1.6337 1.6716
June 1.7031 1.6566 1.6788
July 1.6729 1.6128 1.6402
August 1.6820 1.6483 1.6665
September 1.7420 1.6859 1.7111
October 1.7481 1.6635 1.7100
November 1.6764 1.6135 1.6409
December 1.6496 1.5994 1.6256