YEARLY HIGH
0.0190 RON
YEARLY LOW
0.0176 RON
YEARLY AVERAGE
0.0183 RON

2023 YER to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0190. Conversely, the yearly low was recorded on July 15, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0014 RON. From a start-to-finish perspective, comparing the January average rate of 0.0182 to the December average rate of 0.0182, the exchange rate registered a net change of -0.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0190 was down 7.80% compared to the 2022 peak of 0.0206, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95 RON
2022 Average 94 RON
Yearly Trough Low 88 RON
Transaction Impact: A difference of 7.10 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0189
0.0178
JanuMarcMayJulySeptNove

YER 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 0.0182, compared to 0.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0182
H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 RON (High: 0.0187 / Low: 0.0178). On the other end, August was the most stable month, with a tight range of 0.0004 RON (High: 0.0183 / Low: 0.0179).

February Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0004

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0188) against the same month in 2022 (average: 0.0200), the exchange rate shifted by -0.0012 (-6.20%).

2023 Avg (October) 0.0188
2022 Avg (October) 0.0200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0187 0.0179 0.0182
February 0.0187 0.0178 0.0183
March 0.0186 0.0181 0.0184
April 0.0183 0.0178 0.0180
May 0.0185 0.0178 0.0182
June 0.0185 0.0180 0.0183
July 0.0182 0.0176 0.0179
August 0.0183 0.0179 0.0181
September 0.0189 0.0183 0.0186
October 0.0190 0.0186 0.0188
November 0.0188 0.0180 0.0184
December 0.0185 0.0179 0.0182