2023 BBD to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BBD to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BBD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 50.5000. Conversely, the yearly low was recorded on January 15, dropping to 33.0013.
This high-to-low spread represents a total annual volatility of 17.4987 RUB. From a start-to-finish perspective, comparing the January average rate of 34.9841 to the December average rate of 45.5300, the exchange rate registered a net change of 30.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 50.5000 was down 29.21% compared to the 2022 peak of 71.3334, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BBD to RUB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 38.6169, compared to 46.8229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2060 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 4.0250 RUB (High: 50.5000 / Low: 46.4750). On the other end, March was the most stable month, with a tight range of 1.2505 RUB (High: 38.7630 / Low: 37.5125).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.2370 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 48.5283) against the same month in 2022 (average: 30.9352), the exchange rate shifted by +17.5931 (+56.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.8500 | 33.0013 | 34.9841 |
| February | 38.0084 | 34.9650 | 36.7624 |
| March | 38.7630 | 37.5125 | 38.1742 |
| April | 41.0224 | 38.7630 | 40.4990 |
| May | 40.6500 | 38.0518 | 39.5792 |
| June | 44.4130 | 40.3942 | 41.7025 |
| July | 46.0321 | 43.9750 | 45.3047 |
| August | 49.9975 | 46.2050 | 47.9167 |
| September | 49.2611 | 47.4036 | 48.3662 |
| October | 50.5000 | 46.4750 | 48.5283 |
| November | 46.6384 | 44.1306 | 45.2913 |
| December | 46.4475 | 44.2375 | 45.5300 |