2023 XCD to RON Historical Review

YEARLY HIGH

1.7585 RON

YEARLY LOW

1.6265 RON

YEARLY AVERAGE

1.6926 RON

2023 XCD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.7585. Conversely, the yearly low was recorded on July 16, dropping to 1.6265.

This high-to-low spread represents a total annual volatility of 0.1320 RON. From a start-to-finish perspective, comparing the January average rate of 1.6903 to the December average rate of 1.6842, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7585 was down 7.78% compared to the 2022 peak of 1.9068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,792 RON

2022 Average 8,675 RON

Yearly Trough Low 8,132 RON

Transaction Impact: A difference of 659.93 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7483

1.6450

JanuMarcMayJulySeptNove

XCD 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 1.6893, compared to 1.6959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 1.6893

H2 Avg (Jul–Dec) 1.6959

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0783 RON (High: 1.7277 / Low: 1.6494). On the other end, August was the most stable month, with a tight range of 0.0339 RON (High: 1.6919 / Low: 1.6580).

February Spread (Volatile) ±0.0783

August Spread (Stable) ±0.0339

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 October and November, when the average rate fell by 0.0396 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.7397) against the same month in 2022 (average: 1.8540), the exchange rate shifted by -0.1143 (-6.17%).

2023 Avg (October) 1.7397

2022 Avg (October) 1.8540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7341	1.6563	1.6903
February	1.7277	1.6494	1.6974
March	1.7253	1.6746	1.7026
April	1.6940	1.6509	1.6665
May	1.7165	1.6476	1.6858
June	1.7176	1.6707	1.6930
July	1.6871	1.6265	1.6536
August	1.6919	1.6580	1.6764
September	1.7522	1.6958	1.7212
October	1.7585	1.7235	1.7397
November	1.7369	1.6717	1.7001
December	1.7091	1.6571	1.6842