YEARLY HIGH
14.6813 RUB
YEARLY LOW
9.5840 RUB
YEARLY AVERAGE
12.3689 RUB

2023 BOB to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 14.6813. Conversely, the yearly low was recorded on January 15, dropping to 9.5840.

This high-to-low spread represents a total annual volatility of 5.0973 RUB. From a start-to-finish perspective, comparing the January average rate of 10.1254 to the December average rate of 13.1632, the exchange rate registered a net change of 30.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.6813 was down 29.28% compared to the 2022 peak of 20.7598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,406 RUB
2022 Average 50,701 RUB
Yearly Trough Low 47,920 RUB
Transaction Impact: A difference of 25,486.43 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.4493
9.7324
JanuMarcMayJulySeptNove

BOB 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 11.1810, compared to 13.5568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3758 points.

H1 Avg (Jan–Jun) 11.1810
H2 Avg (Jul–Dec) 13.5568

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.2206 RUB (High: 14.6813 / Low: 13.4607). On the other end, March was the most stable month, with a tight range of 0.4580 RUB (High: 11.2989 / Low: 10.8409).

October Spread (Volatile) ±1.2206
March Spread (Stable) ±0.4580

Growth Streaks & Declines

Trends

Between 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 0.9318 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 14.0563) against the same month in 2022 (average: 8.9520), the exchange rate shifted by +5.1043 (+57.02%).

2023 Avg (October) 14.0563
2022 Avg (October) 8.9520

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6652 9.5840 10.1254
February 11.0073 10.1210 10.6393
March 11.2989 10.8409 11.0645
April 11.8538 11.2271 11.7241
May 11.7710 11.0056 11.4604
June 12.8531 11.6492 12.0722
July 13.3746 12.8096 13.1253
August 14.4714 13.3676 13.8690
September 14.2626 13.7172 14.0022
October 14.6813 13.4607 14.0563
November 13.5228 12.7668 13.1245
December 13.4229 12.7387 13.1632