2023 CNY to RUB Historical Review

YEARLY HIGH

14.0379 RUB

YEARLY LOW

9.8468 RUB

YEARLY AVERAGE

12.0569 RUB

2023 CNY to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 14.0379. Conversely, the yearly low was recorded on January 15, dropping to 9.8468.

This high-to-low spread represents a total annual volatility of 4.1911 RUB. From a start-to-finish perspective, comparing the January average rate of 10.3010 to the December average rate of 12.7921, the exchange rate registered a net change of 24.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.0379 was down 37.81% compared to the 2022 peak of 22.5710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 350,948 RUB

2022 Average 261,829 RUB

Yearly Trough Low 246,170 RUB

Transaction Impact: A difference of 104,778.42 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.6479

9.9967

JanuMarcMayJulySeptNove

CNY 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 11.1442, compared to 12.9696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8254 points.

H1 Avg (Jan–Jun) 11.1442

H2 Avg (Jul–Dec) 12.9696

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.3277 RUB (High: 14.0379 / Low: 12.7102). On the other end, March was the most stable month, with a tight range of 0.4304 RUB (High: 11.2867 / Low: 10.8563).

October Spread (Volatile) ±1.3277

March Spread (Stable) ±0.4304

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 0.7723 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 13.3436) against the same month in 2022 (average: 8.6055), the exchange rate shifted by +4.7382 (+55.06%).

2023 Avg (October) 13.3436

2022 Avg (October) 8.6055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6840	9.8468	10.3010
February	10.9408	10.3726	10.7419
March	11.2867	10.8563	11.0771
April	11.9326	11.2867	11.7615
May	11.6712	10.9765	11.3269
June	12.2456	11.2782	11.6570
July	12.9436	12.1272	12.6086
August	13.8840	12.8750	13.2378
September	13.4969	13.0017	13.2641
October	14.0379	12.7102	13.3436
November	12.8212	12.3381	12.5714
December	13.0376	12.4472	12.7921