YEARLY HIGH
0.0024 RUB
YEARLY LOW
0.0016 RUB
YEARLY AVERAGE
0.0020 RUB

2023 IRR to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0024. Conversely, the yearly low was recorded on January 15, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0008 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0022, the exchange rate registered a net change of 29.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0024 was down 29.21% compared to the 2022 peak of 0.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 RUB
2022 Average 8 RUB
Yearly Trough Low 8 RUB
Transaction Impact: A difference of 4.07 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0024
0.0016
JanuMarcMayJulySeptNove

IRR 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 0.0018, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0002 RUB (High: 0.0021 / Low: 0.0019). On the other end, March was the most stable month, with a tight range of 0.0001 RUB (High: 0.0019 / Low: 0.0018).

June Spread (Volatile) ±0.0002
March Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0023) against the same month in 2022 (average: 0.0015), the exchange rate shifted by +0.0008 (+57.24%).

2023 Avg (October) 0.0023
2022 Avg (October) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0016 0.0017
February 0.0018 0.0017 0.0017
March 0.0019 0.0018 0.0018
April 0.0019 0.0018 0.0019
May 0.0019 0.0018 0.0019
June 0.0021 0.0019 0.0020
July 0.0022 0.0021 0.0021
August 0.0024 0.0022 0.0023
September 0.0023 0.0022 0.0023
October 0.0024 0.0022 0.0023
November 0.0022 0.0021 0.0021
December 0.0022 0.0021 0.0022