2023 BAM to RUB Historical Review

YEARLY HIGH

56.2069 RUB

YEARLY LOW

36.6100 RUB

YEARLY AVERAGE

47.2634 RUB

2023 BAM to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 56.2069. Conversely, the yearly low was recorded on January 15, dropping to 36.6100.

This high-to-low spread represents a total annual volatility of 19.5969 RUB. From a start-to-finish perspective, comparing the January average rate of 38.4898 to the December average rate of 50.8206, the exchange rate registered a net change of 32.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 56.2069 was down 29.17% compared to the 2022 peak of 79.3598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 281,035 RUB

2022 Average 189,483 RUB

Yearly Trough Low 183,050 RUB

Transaction Impact: A difference of 97,984.65 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

54.9778

36.9908

JanuMarcMayJulySeptNove

BAM to RUB 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 42.7059, compared to 51.8209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.1150 points.

H1 Avg (Jan–Jun) 42.7059

H2 Avg (Jul–Dec) 51.8209

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 5.1317 RUB (High: 49.3800 / Low: 44.2483). On the other end, November was the most stable month, with a tight range of 1.6969 RUB (High: 50.9285 / Low: 49.2317).

June Spread (Volatile) ±5.1317

November Spread (Stable) ±1.6969

Growth Streaks & Declines

Trends

Between January and April, 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 2.3943 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.3943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 53.4789) against the same month in 2022 (average: 31.4802), the exchange rate shifted by +21.9986 (+69.88%).

2023 Avg (August) 53.4789

2022 Avg (August) 31.4802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.2286	36.6100	38.4898
February	41.2215	38.9486	40.2659
March	43.1772	40.8725	41.7915
April	46.3019	43.1772	45.4515
May	45.3974	42.5974	44.0174
June	49.3800	44.2483	46.2194
July	52.5035	49.1217	51.2341
August	56.2069	51.8690	53.4789
September	53.9497	51.9338	52.8954
October	54.7527	50.3507	52.4455
November	50.9285	49.2317	50.0512
December	52.1652	49.5902	50.8206