2023 ZAR to RON Historical Review

YEARLY HIGH

0.2753 RON

YEARLY LOW

0.2334 RON

YEARLY AVERAGE

0.2482 RON

2023 ZAR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.2753. Conversely, the yearly low was recorded on May 25, dropping to 0.2334.

This high-to-low spread represents a total annual volatility of 0.0419 RON. From a start-to-finish perspective, comparing the January average rate of 0.2675 to the December average rate of 0.2448, the exchange rate registered a net change of -8.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2753 was down 12.33% compared to the 2022 peak of 0.3140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 13,765 RON

2022 Average 14,343 RON

Yearly Trough Low 11,672 RON

Transaction Impact: A difference of 2,093.63 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2704

0.2357

JanuMarcMayJulySeptNove

ZAR 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 0.2510, compared to 0.2453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.2510

H2 Avg (Jul–Dec) 0.2453

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0181 RON (High: 0.2540 / Low: 0.2359). On the other end, December was the most stable month, with a tight range of 0.0086 RON (High: 0.2487 / Low: 0.2401).

July Spread (Volatile) ±0.0181

December Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.0116 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2675) against the same month in 2022 (average: 0.2818), the exchange rate shifted by -0.0143 (-5.08%).

2023 Avg (January) 0.2675

2022 Avg (January) 0.2818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2753	0.2603	0.2675
February	0.2632	0.2520	0.2560
March	0.2565	0.2457	0.2519
April	0.2568	0.2436	0.2480
May	0.2444	0.2334	0.2386
June	0.2498	0.2352	0.2443
July	0.2540	0.2359	0.2455
August	0.2459	0.2365	0.2412
September	0.2497	0.2395	0.2453
October	0.2518	0.2415	0.2471
November	0.2543	0.2414	0.2479
December	0.2487	0.2401	0.2448