2023 RUB to JMD Historical Review

YEARLY HIGH

2.3076 JMD

YEARLY LOW

1.5306 JMD

YEARLY AVERAGE

1.8240 JMD

2023 RUB to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 2.3076. Conversely, the yearly low was recorded on October 8, dropping to 1.5306.

This high-to-low spread represents a total annual volatility of 0.7770 JMD. From a start-to-finish perspective, comparing the January average rate of 2.1864 to the December average rate of 1.7059, the exchange rate registered a net change of -21.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3076 was down 19.52% compared to the 2022 peak of 2.8673, 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 11,538 JMD

2022 Average 11,370 JMD

Yearly Trough Low 7,653 JMD

Transaction Impact: A difference of 3,884.96 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2453

1.5387

JanuMarcMayJulySeptNove

RUB to JMD 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 1.9925, compared to 1.6555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3369 points.

H1 Avg (Jan–Jun) 1.9925

H2 Avg (Jul–Dec) 1.6555

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2491 JMD (High: 2.3076 / Low: 2.0585). On the other end, September was the most stable month, with a tight range of 0.0589 JMD (High: 1.6284 / Low: 1.5694).

January Spread (Volatile) ±0.2491

September Spread (Stable) ±0.0589

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 0.1508 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.1864) against the same month in 2022 (average: 2.0245), the exchange rate shifted by +0.1620 (+8.00%).

2023 Avg (January) 2.1864

2022 Avg (January) 2.0245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3076	2.0585	2.1864
February	2.2072	2.0282	2.0992
March	2.0435	1.9431	1.9899
April	1.9431	1.8491	1.8786
May	2.0295	1.8944	1.9473
June	1.9214	1.7361	1.8533
July	1.7420	1.6716	1.7025
August	1.6725	1.5461	1.6140
September	1.6284	1.5694	1.5977
October	1.6610	1.5306	1.5976
November	1.7635	1.6589	1.7154
December	1.7550	1.6736	1.7059