2023 RUB to CNY Historical Review

YEARLY HIGH

0.1016 CNY

YEARLY LOW

0.0712 CNY

YEARLY AVERAGE

0.0836 CNY

2023 RUB to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1016. Conversely, the yearly low was recorded on October 7, dropping to 0.0712.

This high-to-low spread represents a total annual volatility of 0.0303 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0971 to the December average rate of 0.0782, the exchange rate registered a net change of -19.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1016 was down 20.43% compared to the 2022 peak of 0.1276, 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 508 CNY

2022 Average 502 CNY

Yearly Trough Low 356 CNY

Transaction Impact: A difference of 151.60 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0993

0.0728

JanuMarcMayJulySeptNove

RUB to CNY 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 0.0899, compared to 0.0772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.0899

H2 Avg (Jul–Dec) 0.0772

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0080 CNY (High: 0.1016 / Low: 0.0936). On the other end, September was the most stable month, with a tight range of 0.0028 CNY (High: 0.0769 / Low: 0.0741).

January Spread (Volatile) ±0.0080

September Spread (Stable) ±0.0028

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 0.0065 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0971) against the same month in 2022 (average: 0.0830), the exchange rate shifted by +0.0141 (+16.95%).

2023 Avg (January) 0.0971

2022 Avg (January) 0.0830

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1016	0.0936	0.0971
February	0.0964	0.0914	0.0931
March	0.0921	0.0886	0.0903
April	0.0886	0.0838	0.0850
May	0.0911	0.0857	0.0883
June	0.0887	0.0817	0.0858
July	0.0825	0.0773	0.0793
August	0.0777	0.0720	0.0756
September	0.0769	0.0741	0.0754
October	0.0787	0.0712	0.0750
November	0.0810	0.0780	0.0796
December	0.0803	0.0767	0.0782