2023 RUB to GEL Historical Review

YEARLY HIGH

0.0403 GEL

YEARLY LOW

0.0261 GEL

YEARLY AVERAGE

0.0311 GEL

2023 RUB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0403. Conversely, the yearly low was recorded on August 13, dropping to 0.0261.

This high-to-low spread represents a total annual volatility of 0.0142 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0295, the exchange rate registered a net change of -22.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0403 was down 28.03% compared to the 2022 peak of 0.0560, 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 202 GEL

2022 Average 215 GEL

Yearly Trough Low 130 GEL

Transaction Impact: A difference of 71.24 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0392

0.0262

JanuMarcMayJulySeptNove

RUB to GEL 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 0.0337, compared to 0.0284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0337

H2 Avg (Jul–Dec) 0.0284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0037 GEL (High: 0.0403 / Low: 0.0366). On the other end, December was the most stable month, with a tight range of 0.0015 GEL (High: 0.0304 / Low: 0.0289).

January Spread (Volatile) ±0.0037

December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0381) against the same month in 2022 (average: 0.0402), the exchange rate shifted by -0.0021 (-5.24%).

2023 Avg (January) 0.0381

2022 Avg (January) 0.0402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0403	0.0366	0.0381
February	0.0376	0.0347	0.0360
March	0.0349	0.0329	0.0338
April	0.0329	0.0306	0.0311
May	0.0334	0.0309	0.0321
June	0.0323	0.0294	0.0313
July	0.0297	0.0280	0.0285
August	0.0281	0.0261	0.0273
September	0.0280	0.0265	0.0274
October	0.0291	0.0265	0.0277
November	0.0306	0.0291	0.0298
December	0.0304	0.0289	0.0295