YEARLY HIGH
15.6123 RUB
YEARLY LOW
11.5056 RUB
YEARLY AVERAGE
12.9332 RUB

2024 CNY to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 15.6123. Conversely, the yearly low was recorded on June 19, dropping to 11.5056.

This high-to-low spread represents a total annual volatility of 4.1067 RUB. From a start-to-finish perspective, comparing the January average rate of 12.5647 to the December average rate of 14.2545, the exchange rate registered a net change of 13.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.6123 was up 11.22% compared to the 2023 peak of 14.0379, 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 390,307 RUB
2023 Average 301,623 RUB
Yearly Trough Low 287,640 RUB
Transaction Impact: A difference of 102,666.66 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.4764
11.8133
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 12.6597, compared to 13.2068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5470 points.

H1 Avg (Jan–Jun) 12.6597
H2 Avg (Jul–Dec) 13.2068

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.3016 RUB (High: 15.6123 / Low: 13.3107). On the other end, October was the most stable month, with a tight range of 0.3058 RUB (High: 13.7067 / Low: 13.4009).

November Spread (Volatile) ±2.3016
October Spread (Stable) ±0.3058

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.4980 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 14.0075) against the same month in 2023 (average: 12.5714), the exchange rate shifted by +1.4361 (+11.42%).

2024 Avg (November) 14.0075
2023 Avg (November) 12.5714

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.9372 12.2368 12.5647
February 13.1742 12.6520 12.8309
March 12.9732 12.6036 12.7634
April 13.1994 12.7203 12.8654
May 13.0099 12.2835 12.7159
June 12.7241 11.5056 12.2180
July 12.3971 11.7548 12.0353
August 12.9226 11.8063 12.4554
September 13.4421 12.3025 12.9083
October 13.7067 13.4009 13.5795
November 15.6123 13.3107 14.0075
December 15.5862 13.6047 14.2545