YEARLY HIGH
0.9420 GMD
YEARLY LOW
0.6039 GMD
YEARLY AVERAGE
0.7367 GMD

2023 RUB to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.9420. Conversely, the yearly low was recorded on August 13, dropping to 0.6039.

This high-to-low spread represents a total annual volatility of 0.3381 GMD. From a start-to-finish perspective, comparing the January average rate of 0.8870 to the December average rate of 0.7398, the exchange rate registered a net change of -16.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9420 was down 8.57% compared to the 2022 peak of 1.0303, 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 4,710 GMD
2022 Average 4,120 GMD
Yearly Trough Low 3,019 GMD
Transaction Impact: A difference of 1,690.72 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9125
0.6070
JanuMarcMayJulySeptNove

RUB to GMD 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 0.7925, compared to 0.6808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1117 points.

H1 Avg (Jan–Jun) 0.7925
H2 Avg (Jul–Dec) 0.6808

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1014 GMD (High: 0.9420 / Low: 0.8406). On the other end, March was the most stable month, with a tight range of 0.0278 GMD (High: 0.8191 / Low: 0.7913).

January Spread (Volatile) ±0.1014
March Spread (Stable) ±0.0278

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0555 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8870) against the same month in 2022 (average: 0.6899), the exchange rate shifted by +0.1971 (+28.57%).

2023 Avg (January) 0.8870
2022 Avg (January) 0.6899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9420 0.8406 0.8870
February 0.8809 0.8038 0.8315
March 0.8191 0.7913 0.8041
April 0.8017 0.7452 0.7637
May 0.7864 0.7327 0.7554
June 0.7373 0.6704 0.7135
July 0.6771 0.6481 0.6583
August 0.6533 0.6039 0.6324
September 0.6781 0.6146 0.6391
October 0.7074 0.6481 0.6766
November 0.7619 0.6974 0.7388
December 0.7609 0.7250 0.7398