2023 PEN to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PEN to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PEN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 27.2667. Conversely, the yearly low was recorded on January 15, dropping to 17.4816.
This high-to-low spread represents a total annual volatility of 9.7852 RUB. From a start-to-finish perspective, comparing the January average rate of 18.3030 to the December average rate of 24.3741, the exchange rate registered a net change of 33.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 27.2667 was down 28.54% compared to the 2022 peak of 38.1559, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PEN 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 20.6010, compared to 25.1342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5332 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 2.6626 RUB (High: 24.5071 / Low: 21.8445). On the other end, March was the most stable month, with a tight range of 0.8128 RUB (High: 20.6024 / Low: 19.7897).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.2639 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 25.9612) against the same month in 2022 (average: 15.6981), the exchange rate shifted by +10.2632 (+65.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4238 | 17.4816 | 18.3030 |
| February | 19.9934 | 18.1837 | 19.1610 |
| March | 20.6024 | 19.7897 | 20.2140 |
| April | 21.8852 | 20.6022 | 21.5594 |
| May | 22.1398 | 20.5986 | 21.4891 |
| June | 24.5071 | 21.8445 | 22.8794 |
| July | 25.6785 | 24.3615 | 25.1815 |
| August | 27.2667 | 25.1356 | 25.9612 |
| September | 26.5968 | 25.4867 | 25.9776 |
| October | 26.5319 | 24.1691 | 25.2872 |
| November | 24.7087 | 23.3852 | 24.0233 |
| December | 25.0560 | 23.6681 | 24.3741 |