2023 RUB to BAM Historical Review

YEARLY HIGH

0.0273 BAM

YEARLY LOW

0.0178 BAM

YEARLY AVERAGE

0.0214 BAM

2023 RUB to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0273. Conversely, the yearly low was recorded on August 11, dropping to 0.0178.

This high-to-low spread represents a total annual volatility of 0.0095 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0260 to the December average rate of 0.0197, the exchange rate registered a net change of -24.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0273 was down 22.82% compared to the 2022 peak of 0.0354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 137 BAM

2022 Average 139 BAM

Yearly Trough Low 89 BAM

Transaction Impact: A difference of 47.62 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0267

0.0180

JanuMarcMayJulySeptNove

RUB to BAM 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 0.0235, compared to 0.0193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0235

H2 Avg (Jul–Dec) 0.0193

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0025 BAM (High: 0.0273 / Low: 0.0249). On the other end, November was the most stable month, with a tight range of 0.0007 BAM (High: 0.0203 / Low: 0.0196).

January Spread (Volatile) ±0.0025

November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0260) against the same month in 2022 (average: 0.0226), the exchange rate shifted by +0.0034 (+15.12%).

2023 Avg (January) 0.0260

2022 Avg (January) 0.0226

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0273	0.0249	0.0260
February	0.0257	0.0243	0.0248
March	0.0245	0.0232	0.0239
April	0.0232	0.0216	0.0220
May	0.0235	0.0220	0.0227
June	0.0226	0.0203	0.0217
July	0.0204	0.0190	0.0195
August	0.0193	0.0178	0.0187
September	0.0193	0.0185	0.0189
October	0.0199	0.0183	0.0191
November	0.0203	0.0196	0.0200
December	0.0202	0.0192	0.0197