Ring around the moon:-

Today on March 24, 2013 there is an interesting circle/ring around the moon. This Phenomena happens only when conditions are exactly supportive.The most common of which are moon rings, moon bows, which are similar to rainbows, moon dogs and moon pillars. A rainbow is produced when sunlight is refracted through water droplets – A similar effect is produced when moon light refracts through ice crystals. Below are a few photographs and examples about this interesting phenomena. Thanks to everyone that helped me put together this simple explanation of moon light effects.
The ring around the Moon is caused by the refraction of Moonlight (which of course is reflected sunlight) from ice crystals in the upper atmosphere. The shape of the ice crystals results in a focusing of the light into a ring. Since the ice crystals typically have the same shape, namely a hexagonal shape, the Moon ring is almost always the same size.
Less typical are the halos that may be produced by different angles in the crystals. They can create halos with an angle of 46 degrees.

Circle around the moon…

Weather Folklore:-
Folklore has it that a ring around the moon signifies bad weather is coming, and in many cases this may be true. So how can rings around the moon be a predictor of weather to come? The ice crystals that cover the halo signify high altitude, thin cirrus clouds that normally precede a warm front by one or two days. Typically, a warm front will be associated with a low pressure system which is commonly referred to as a storm. It is believed that the number of stars within a moon halo indicate the number days before bad weather will arrive. Give it a try the next time you observe a moon halo.
Phenomena:-
The ring that appears around the moon arises from light passing through six-sided ice crystals high in the atmosphere. These ice crystals refract, or bend, light in the same manner that a camera lens bends light.

Phenomena of ring around the moon…

The ring has a diameter of 22° , and sometimes, if you are lucky, it is also possible to detect a second ring, 44° diameter. Thin high cirrus clouds lofting at 20,000 feet or more contain tiny ice crystals that originate from the freezing of super cooled water droplets. These crystals behave like jewels refracting and reflecting in different directions.