YEARLY HIGH
0.0486 RUB
YEARLY LOW
0.0046 RUB
YEARLY AVERAGE
0.0098 RUB

2023 LBP to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0486. Conversely, the yearly low was recorded on February 6, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0440 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0462 to the December average rate of 0.0061, the exchange rate registered a net change of -86.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0486 was down 48.52% compared to the 2022 peak of 0.0944, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 243 RUB
2022 Average 231 RUB
Yearly Trough Low 23 RUB
Transaction Impact: A difference of 219.82 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0503
0.0010
JanuMarcMayJulySeptNove

LBP 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 0.0133, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.0133
H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0422 RUB (High: 0.0468 / Low: 0.0046). On the other end, March was the most stable month, with a tight range of 0.0002 RUB (High: 0.0052 / Low: 0.0050).

February Spread (Volatile) ±0.0422
March Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0338 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0462) against the same month in 2022 (average: 0.0506), the exchange rate shifted by -0.0045 (-8.87%).

2023 Avg (January) 0.0462
2022 Avg (January) 0.0506

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0486 0.0437 0.0462
February 0.0468 0.0046 0.0123
March 0.0052 0.0050 0.0051
April 0.0055 0.0052 0.0054
May 0.0054 0.0050 0.0052
June 0.0059 0.0053 0.0055
July 0.0062 0.0059 0.0060
August 0.0067 0.0061 0.0064
September 0.0065 0.0063 0.0064
October 0.0067 0.0062 0.0065
November 0.0062 0.0059 0.0060
December 0.0062 0.0059 0.0061