2023 FKP to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FKP to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FKP to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 126.9393. Conversely, the yearly low was recorded on January 15, dropping to 80.6758.
This high-to-low spread represents a total annual volatility of 46.2635 RUB. From a start-to-finish perspective, comparing the January average rate of 85.6550 to the December average rate of 115.3351, the exchange rate registered a net change of 34.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 126.9393 was down 32.15% compared to the 2022 peak of 187.0862, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
FKP 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 95.3378, compared to 117.3763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.0385 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 12.1968 RUB (High: 112.6339 / Low: 100.4371). On the other end, November was the most stable month, with a tight range of 4.4767 RUB (High: 114.9025 / Low: 110.4257).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.5781 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 121.7176) against the same month in 2022 (average: 72.7398), the exchange rate shifted by +48.9778 (+67.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 89.1549 | 80.6758 | 85.6550 |
| February | 90.8404 | 85.0863 | 88.6933 |
| March | 95.7222 | 89.3957 | 92.6877 |
| April | 102.4774 | 95.7058 | 100.8116 |
| May | 101.1799 | 96.0912 | 98.7594 |
| June | 112.6339 | 100.4371 | 105.4201 |
| July | 118.6068 | 111.6525 | 116.6981 |
| August | 126.9393 | 118.2409 | 121.7176 |
| September | 123.1130 | 117.0711 | 119.8263 |
| October | 123.6241 | 113.0611 | 118.1294 |
| November | 114.9025 | 110.4257 | 112.5513 |
| December | 117.8280 | 112.6684 | 115.3351 |