2023 BMD to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BMD to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BMD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 101.0000. Conversely, the yearly low was recorded on January 15, dropping to 66.0026.
This high-to-low spread represents a total annual volatility of 34.9974 RUB. From a start-to-finish perspective, comparing the January average rate of 69.9682 to the December average rate of 91.0599, 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 101.0000 was down 29.21% compared to the 2022 peak of 142.6667, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BMD 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 77.2338, compared to 93.6457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.4119 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 8.0500 RUB (High: 101.0000 / Low: 92.9500). On the other end, March was the most stable month, with a tight range of 2.5010 RUB (High: 77.5260 / Low: 75.0250).
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 6.4741 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 97.0566) against the same month in 2022 (average: 61.8704), the exchange rate shifted by +35.1862 (+56.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.7000 | 66.0026 | 69.9682 |
| February | 76.0167 | 69.9301 | 73.5248 |
| March | 77.5260 | 75.0250 | 76.3485 |
| April | 82.0448 | 77.5260 | 80.9981 |
| May | 81.3000 | 76.1035 | 79.1584 |
| June | 88.8260 | 80.7883 | 83.4051 |
| July | 92.0642 | 87.9500 | 90.6095 |
| August | 99.9950 | 92.4100 | 95.8335 |
| September | 98.5222 | 94.8071 | 96.7324 |
| October | 101.0000 | 92.9500 | 97.0566 |
| November | 93.2767 | 88.2613 | 90.5825 |
| December | 92.8950 | 88.4750 | 91.0599 |