2023 RUB to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RUB to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RUB to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 35.7634. Conversely, the yearly low was recorded on April 12, dropping to 25.3509.
This high-to-low spread represents a total annual volatility of 10.4125 BIF. From a start-to-finish perspective, comparing the January average rate of 29.5876 to the December average rate of 31.3113, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 35.7634 was down 8.72% compared to the 2022 peak of 39.1811, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RUB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RUB to BIF 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 29.1343, compared to 30.3448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2105 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 9.9982 BIF (High: 35.7634 / Low: 25.7653). On the other end, March was the most stable month, with a tight range of 1.0871 BIF (High: 27.7238 / Low: 26.6367).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.7085 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2023: 30.1905) against the same month in 2022 (average: 31.2697), the exchange rate shifted by -1.0791 (-3.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.2992 | 28.0661 | 29.5876 |
| February | 29.6568 | 27.1519 | 28.2155 |
| March | 27.7238 | 26.6367 | 27.1969 |
| April | 26.8942 | 25.3509 | 25.6768 |
| May | 35.7634 | 25.7653 | 30.1905 |
| June | 35.0419 | 31.9951 | 33.9386 |
| July | 31.9951 | 30.6354 | 31.2301 |
| August | 30.6571 | 28.3427 | 29.5838 |
| September | 29.9146 | 28.7324 | 29.3194 |
| October | 30.5538 | 27.9562 | 29.2650 |
| November | 32.2359 | 30.3376 | 31.3591 |
| December | 32.3275 | 30.6966 | 31.3113 |