YEARLY HIGH
634.0655 IRR
YEARLY LOW
418.1930 IRR
YEARLY AVERAGE
500.0199 IRR

2023 RUB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 634.0655. Conversely, the yearly low was recorded on October 8, dropping to 418.1930.

This high-to-low spread represents a total annual volatility of 215.8725 IRR. From a start-to-finish perspective, comparing the January average rate of 599.7122 to the December average rate of 463.8283, the exchange rate registered a net change of -22.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 634.0655 was down 21.40% compared to the 2022 peak of 806.6651, 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 3,170,328 IRR
2022 Average 3,135,324 IRR
Yearly Trough Low 2,090,965 IRR
Transaction Impact: A difference of 1,079,362.34 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

616.1214
419.2113
JanuMarcMayJulySeptNove

RUB to IRR 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 548.2844, compared to 451.7553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 96.5292 points.

H1 Avg (Jan–Jun) 548.2844
H2 Avg (Jul–Dec) 451.7553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 66.2229 IRR (High: 634.0655 / Low: 567.8426). On the other end, September was the most stable month, with a tight range of 16.8052 IRR (High: 445.6681 / Low: 428.8629).

January Spread (Volatile) ±66.2229
September Spread (Stable) ±16.8052

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 40.8585 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -40.8585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 599.7122) against the same month in 2022 (average: 552.1630), the exchange rate shifted by +47.5492 (+8.61%).

2023 Avg (January) 599.7122
2022 Avg (January) 552.1630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 634.0655 567.8426 599.7122
February 603.5315 555.1200 574.5643
March 563.4788 538.7422 552.3115
April 545.3009 514.9624 521.8299
May 555.4935 520.2952 534.1667
June 523.9000 475.6490 507.1221
July 480.3865 458.9398 466.2636
August 457.8779 422.5211 441.3439
September 445.6681 428.8629 436.8304
October 454.6799 418.1930 435.6205
November 478.8341 452.6853 466.6449
December 474.9082 454.9492 463.8283