YEARLY HIGH
130.6861 GNF
YEARLY LOW
84.6328 GNF
YEARLY AVERAGE
102.1138 GNF

2023 RUB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 130.6861. Conversely, the yearly low was recorded on October 7, dropping to 84.6328.

This high-to-low spread represents a total annual volatility of 46.0532 GNF. From a start-to-finish perspective, comparing the January average rate of 123.9314 to the December average rate of 94.4806, the exchange rate registered a net change of -23.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 130.6861 was down 20.97% compared to the 2022 peak of 165.3676, 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 653,430 GNF
2022 Average 651,967 GNF
Yearly Trough Low 423,164 GNF
Transaction Impact: A difference of 230,266.20 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

127.4566
85.1537
JanuMarcMayJulySeptNove

RUB to GNF 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 112.2317, compared to 91.9959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.2358 points.

H1 Avg (Jan–Jun) 112.2317
H2 Avg (Jul–Dec) 91.9959

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 12.9082 GNF (High: 130.6861 / Low: 117.7779). On the other end, September was the most stable month, with a tight range of 3.7739 GNF (High: 90.8561 / Low: 87.0822).

January Spread (Volatile) ±12.9082
September Spread (Stable) ±3.7739

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 8.4709 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -8.4709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 123.9314) against the same month in 2022 (average: 118.8609), the exchange rate shifted by +5.0705 (+4.27%).

2023 Avg (January) 123.9314
2022 Avg (January) 118.8609

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 130.6861 117.7779 123.9314
February 123.9395 113.1613 117.6608
March 116.7109 110.3013 113.1412
April 111.5755 104.8988 106.2009
May 113.3076 105.9924 108.9859
June 107.1442 97.3814 103.4702
July 97.3814 93.0887 94.9993
August 93.3444 85.9555 89.8889
September 90.8561 87.0822 88.9604
October 92.6452 84.6328 88.6789
November 97.5869 91.9294 94.9673
December 97.3061 92.5289 94.4806