YEARLY HIGH
1.2153 RUB
YEARLY LOW
0.8120 RUB
YEARLY AVERAGE
1.0343 RUB

2023 INR to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.2153. Conversely, the yearly low was recorded on January 15, dropping to 0.8120.

This high-to-low spread represents a total annual volatility of 0.4033 RUB. From a start-to-finish perspective, comparing the January average rate of 0.8560 to the December average rate of 1.0939, the exchange rate registered a net change of 27.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2153 was down 34.34% compared to the 2022 peak of 1.8509, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 303,833 RUB
2022 Average 223,446 RUB
Yearly Trough Low 202,998 RUB
Transaction Impact: A difference of 100,835.09 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1972
0.8250
JanuMarcMayJulySeptNove

INR 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 0.9399, compared to 1.1287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1888 points.

H1 Avg (Jan–Jun) 0.9399
H2 Avg (Jul–Dec) 1.1287

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1029 RUB (High: 1.0820 / Low: 0.9791). On the other end, March was the most stable month, with a tight range of 0.0331 RUB (High: 0.9434 / Low: 0.9103).

June Spread (Volatile) ±0.1029
March Spread (Stable) ±0.0331

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 0.0783 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.1662) against the same month in 2022 (average: 0.7515), the exchange rate shifted by +0.4147 (+55.19%).

2023 Avg (October) 1.1662
2022 Avg (October) 0.7515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8906 0.8120 0.8560
February 0.9166 0.8541 0.8898
March 0.9434 0.9103 0.9284
April 1.0009 0.9434 0.9884
May 0.9865 0.9290 0.9616
June 1.0820 0.9791 1.0150
July 1.1193 1.0713 1.1024
August 1.2062 1.1228 1.1569
September 1.1836 1.1443 1.1648
October 1.2153 1.1165 1.1662
November 1.1206 1.0590 1.0879
December 1.1174 1.0674 1.0939