2023 NZD to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NZD to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NZD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 60.5926. Conversely, the yearly low was recorded on January 15, dropping to 42.1219.
This high-to-low spread represents a total annual volatility of 18.4707 RUB. From a start-to-finish perspective, comparing the January average rate of 44.8130 to the December average rate of 56.7181, the exchange rate registered a net change of 26.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 60.5926 was down 37.88% compared to the 2022 peak of 97.5362, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NZD 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 48.1631, compared to 56.5659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4027 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 6.4470 RUB (High: 60.5926 / Low: 54.1456). On the other end, March was the most stable month, with a tight range of 2.3298 RUB (High: 48.5158 / Low: 46.1859).
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 2.9104 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 57.2324) against the same month in 2022 (average: 35.1915), the exchange rate shifted by +22.0409 (+62.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.8340 | 42.1219 | 44.8130 |
| February | 47.1297 | 44.6783 | 46.1649 |
| March | 48.5158 | 46.1859 | 47.3923 |
| April | 51.5000 | 48.5158 | 50.2960 |
| May | 50.3524 | 47.8082 | 49.1330 |
| June | 54.5218 | 48.9359 | 51.1795 |
| July | 57.5816 | 53.9217 | 56.3906 |
| August | 59.8470 | 55.4387 | 57.3877 |
| September | 58.7510 | 56.0221 | 57.3444 |
| October | 60.5926 | 54.1456 | 57.2324 |
| November | 55.6824 | 53.2365 | 54.3221 |
| December | 58.4588 | 55.3287 | 56.7181 |