YEARLY HIGH
0.0330 FJD
YEARLY LOW
0.0224 FJD
YEARLY AVERAGE
0.0264 FJD

2023 RUB to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0330. Conversely, the yearly low was recorded on August 12, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0106 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0311 to the December average rate of 0.0243, the exchange rate registered a net change of -21.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0330 was down 21.27% compared to the 2022 peak of 0.0419, 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 165 FJD
2022 Average 163 FJD
Yearly Trough Low 112 FJD
Transaction Impact: A difference of 52.88 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0319
0.0227
JanuMarcMayJulySeptNove

RUB to FJD 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 0.0287, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0287
H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0029 FJD (High: 0.0280 / Low: 0.0251). On the other end, September was the most stable month, with a tight range of 0.0008 FJD (High: 0.0239 / Low: 0.0231).

June Spread (Volatile) ±0.0029
September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between September and November, 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 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0311) against the same month in 2022 (average: 0.0278), the exchange rate shifted by +0.0033 (+11.91%).

2023 Avg (January) 0.0311
2022 Avg (January) 0.0278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0330 0.0301 0.0311
February 0.0310 0.0292 0.0299
March 0.0296 0.0285 0.0291
April 0.0285 0.0269 0.0273
May 0.0288 0.0275 0.0281
June 0.0280 0.0251 0.0267
July 0.0253 0.0241 0.0245
August 0.0244 0.0224 0.0236
September 0.0239 0.0231 0.0235
October 0.0245 0.0225 0.0235
November 0.0256 0.0243 0.0249
December 0.0248 0.0237 0.0243