2024 RUB to CNY Historical Review

YEARLY HIGH

0.0869 CNY

YEARLY LOW

0.0641 CNY

YEARLY AVERAGE

0.0775 CNY

2024 RUB to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.0869. Conversely, the yearly low was recorded on November 27, dropping to 0.0641.

This high-to-low spread represents a total annual volatility of 0.0229 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0796 to the December average rate of 0.0702, the exchange rate registered a net change of -11.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0869 was down 14.42% compared to the 2023 peak of 0.1016, 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 435 CNY

2023 Average 418 CNY

Yearly Trough Low 320 CNY

Transaction Impact: A difference of 114.31 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0844

0.0689

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 0.0790, compared to 0.0761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0790

H2 Avg (Jul–Dec) 0.0761

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0111 CNY (High: 0.0751 / Low: 0.0641). On the other end, October was the most stable month, with a tight range of 0.0017 CNY (High: 0.0746 / Low: 0.0730).

November Spread (Volatile) ±0.0111

October Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0819) against the same month in 2023 (average: 0.0858), the exchange rate shifted by -0.0039 (-4.56%).

2024 Avg (June) 0.0819

2023 Avg (June) 0.0858

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0817	0.0773	0.0796
February	0.0790	0.0759	0.0779
March	0.0793	0.0771	0.0784
April	0.0786	0.0758	0.0777
May	0.0814	0.0769	0.0787
June	0.0869	0.0786	0.0819
July	0.0851	0.0807	0.0831
August	0.0847	0.0774	0.0804
September	0.0813	0.0744	0.0775
October	0.0746	0.0730	0.0736
November	0.0751	0.0641	0.0715
December	0.0735	0.0642	0.0702