2023 MMK to RUB Historical Review

YEARLY HIGH

0.0483 RUB

YEARLY LOW

0.0315 RUB

YEARLY AVERAGE

0.0407 RUB

2023 MMK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0483. Conversely, the yearly low was recorded on January 15, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0168 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0433, the exchange rate registered a net change of 30.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0483 was down 39.90% compared to the 2022 peak of 0.0804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 242 RUB

2022 Average 184 RUB

Yearly Trough Low 158 RUB

Transaction Impact: A difference of 83.87 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0475

0.0320

JanuMarcMayJulySeptNove

MMK 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 0.0368, compared to 0.0446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0368

H2 Avg (Jul–Dec) 0.0446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0040 RUB (High: 0.0483 / Low: 0.0443). On the other end, March was the most stable month, with a tight range of 0.0015 RUB (High: 0.0372 / Low: 0.0357).

October Spread (Volatile) ±0.0040

March Spread (Stable) ±0.0015

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 0.0031 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0463) against the same month in 2022 (average: 0.0295), the exchange rate shifted by +0.0168 (+56.92%).

2023 Avg (October) 0.0463

2022 Avg (October) 0.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0351	0.0315	0.0333
February	0.0362	0.0333	0.0350
March	0.0372	0.0357	0.0364
April	0.0391	0.0369	0.0386
May	0.0387	0.0362	0.0377
June	0.0423	0.0383	0.0397
July	0.0440	0.0422	0.0432
August	0.0476	0.0440	0.0456
September	0.0469	0.0451	0.0461
October	0.0483	0.0443	0.0463
November	0.0445	0.0420	0.0432
December	0.0442	0.0419	0.0433