2023 BIF to RUB Historical Review

YEARLY HIGH

0.0394 RUB

YEARLY LOW

0.0280 RUB

YEARLY AVERAGE

0.0339 RUB

2023 BIF to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0394. Conversely, the yearly low was recorded on May 28, dropping to 0.0280.

This high-to-low spread represents a total annual volatility of 0.0115 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0338 to the December average rate of 0.0319, the exchange rate registered a net change of -5.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0394 was down 44.27% compared to the 2022 peak of 0.0708, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197 RUB

2022 Average 171 RUB

Yearly Trough Low 140 RUB

Transaction Impact: A difference of 57.42 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0399

0.0285

JanuMarcMayJulySeptNove

BIF 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 0.0347, compared to 0.0330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0347

H2 Avg (Jul–Dec) 0.0330

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0109 RUB (High: 0.0388 / Low: 0.0280). On the other end, September was the most stable month, with a tight range of 0.0014 RUB (High: 0.0348 / Low: 0.0334).

May Spread (Volatile) ±0.0109

September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0052 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0390) against the same month in 2022 (average: 0.0394), the exchange rate shifted by -0.0005 (-1.19%).

2023 Avg (April) 0.0390

2022 Avg (April) 0.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0356	0.0319	0.0338
February	0.0368	0.0337	0.0355
March	0.0375	0.0361	0.0368
April	0.0394	0.0372	0.0390
May	0.0388	0.0280	0.0338
June	0.0313	0.0285	0.0295
July	0.0326	0.0313	0.0320
August	0.0353	0.0326	0.0338
September	0.0348	0.0334	0.0341
October	0.0358	0.0327	0.0342
November	0.0330	0.0310	0.0319
December	0.0326	0.0309	0.0319