YEARLY HIGH
2.3465 LRD
YEARLY LOW
1.8470 LRD
YEARLY AVERAGE
2.0522 LRD

2023 RUB to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 2.3465. Conversely, the yearly low was recorded on October 8, dropping to 1.8470.

This high-to-low spread represents a total annual volatility of 0.4995 LRD. From a start-to-finish perspective, comparing the January average rate of 2.2221 to the December average rate of 2.0674, the exchange rate registered a net change of -6.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3465 was down 19.22% compared to the 2022 peak of 2.9048, 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 11,732 LRD
2022 Average 11,340 LRD
Yearly Trough Low 9,235 LRD
Transaction Impact: A difference of 2,497.33 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2517
1.8970
JanuMarcMayJulySeptNove

RUB to LRD 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 2.1098, compared to 1.9946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1153 points.

H1 Avg (Jan–Jun) 2.1098
H2 Avg (Jul–Dec) 1.9946

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2502 LRD (High: 2.3465 / Low: 2.0963). On the other end, July was the most stable month, with a tight range of 0.0678 LRD (High: 2.0598 / Low: 1.9920).

January Spread (Volatile) ±0.2502
July Spread (Stable) ±0.0678

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0926 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.2221) against the same month in 2022 (average: 1.9516), the exchange rate shifted by +0.2705 (+13.86%).

2023 Avg (January) 2.2221
2022 Avg (January) 1.9516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3465 2.0963 2.2221
February 2.2437 2.0229 2.1295
March 2.1294 1.9899 2.0891
April 2.0935 1.9845 2.0143
May 2.1878 2.0512 2.1100
June 2.1890 2.0276 2.0941
July 2.0598 1.9920 2.0276
August 2.0182 1.8667 1.9448
September 1.9666 1.8894 1.9266
October 2.0172 1.8470 1.9269
November 2.1300 2.0101 2.0740
December 2.1303 2.0275 2.0674