YEARLY HIGH
0.0057 BHD
YEARLY LOW
0.0037 BHD
YEARLY AVERAGE
0.0045 BHD

2023 RUB to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0057. Conversely, the yearly low was recorded on October 8, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0020 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0041, the exchange rate registered a net change of -23.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0057 was down 20.58% compared to the 2022 peak of 0.0072, 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 29 BHD
2022 Average 28 BHD
Yearly Trough Low 19 BHD
Transaction Impact: A difference of 9.92 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0055
0.0037
JanuMarcMayJulySeptNove

RUB to BHD 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 0.0049, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 BHD (High: 0.0057 / Low: 0.0051). On the other end, September was the most stable month, with a tight range of 0.0001 BHD (High: 0.0040 / Low: 0.0038).

January Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0054) against the same month in 2022 (average: 0.0049), the exchange rate shifted by +0.0005 (+9.44%).

2023 Avg (January) 0.0054
2022 Avg (January) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0057 0.0051 0.0054
February 0.0054 0.0049 0.0051
March 0.0050 0.0048 0.0049
April 0.0049 0.0046 0.0047
May 0.0050 0.0046 0.0048
June 0.0047 0.0042 0.0045
July 0.0043 0.0041 0.0042
August 0.0041 0.0038 0.0039
September 0.0040 0.0038 0.0039
October 0.0041 0.0037 0.0039
November 0.0043 0.0040 0.0042
December 0.0043 0.0041 0.0041