2023 RSD to RUB Historical Review

YEARLY HIGH

0.9339 RUB

YEARLY LOW

0.6099 RUB

YEARLY AVERAGE

0.7883 RUB

2023 RSD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.9339. Conversely, the yearly low was recorded on January 15, dropping to 0.6099.

This high-to-low spread represents a total annual volatility of 0.3240 RUB. From a start-to-finish perspective, comparing the January average rate of 0.6429 to the December average rate of 0.8484, the exchange rate registered a net change of 31.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9339 was down 29.12% compared to the 2022 peak of 1.3175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,669 RUB

2022 Average 3,154 RUB

Yearly Trough Low 3,050 RUB

Transaction Impact: A difference of 1,619.83 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9164

0.6181

JanuMarcMayJulySeptNove

RSD 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 0.7123, compared to 0.8643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1520 points.

H1 Avg (Jan–Jun) 0.7123

H2 Avg (Jul–Dec) 0.8643

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0892 RUB (High: 0.8271 / Low: 0.7379). On the other end, November was the most stable month, with a tight range of 0.0283 RUB (High: 0.8499 / Low: 0.8216).

June Spread (Volatile) ±0.0892

November Spread (Stable) ±0.0283

Growth Streaks & Declines

Trends

Between 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 0.0386 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0386

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.8915) against the same month in 2022 (average: 0.5244), the exchange rate shifted by +0.3671 (+70.00%).

2023 Avg (August) 0.8915

2022 Avg (August) 0.5244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6731	0.6099	0.6429
February	0.6858	0.6498	0.6705
March	0.7183	0.6796	0.6975
April	0.7706	0.7164	0.7577
May	0.7577	0.7129	0.7335
June	0.8271	0.7379	0.7715
July	0.8749	0.8191	0.8547
August	0.9339	0.8672	0.8915
September	0.8987	0.8655	0.8806
October	0.9130	0.8419	0.8745
November	0.8499	0.8216	0.8358
December	0.8729	0.8316	0.8484