2023 RUB to NOK Historical Review

YEARLY HIGH

0.1496 NOK

YEARLY LOW

0.1043 NOK

YEARLY AVERAGE

0.1249 NOK

2023 RUB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1496. Conversely, the yearly low was recorded on August 12, dropping to 0.1043.

This high-to-low spread represents a total annual volatility of 0.0453 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1419 to the December average rate of 0.1155, the exchange rate registered a net change of -18.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1496 was down 20.55% compared to the 2022 peak of 0.1883, 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 748 NOK

2022 Average 719 NOK

Yearly Trough Low 521 NOK

Transaction Impact: A difference of 226.73 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1452

0.1061

JanuMarcMayJulySeptNove

RUB to NOK 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 0.1359, compared to 0.1139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.1359

H2 Avg (Jul–Dec) 0.1139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0168 NOK (High: 0.1496 / Low: 0.1328). On the other end, November was the most stable month, with a tight range of 0.0036 NOK (High: 0.1224 / Low: 0.1188).

January Spread (Volatile) ±0.0168

November Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0160 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1419) against the same month in 2022 (average: 0.1156), the exchange rate shifted by +0.0263 (+22.73%).

2023 Avg (January) 0.1419

2022 Avg (January) 0.1156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1496	0.1328	0.1419
February	0.1448	0.1362	0.1394
March	0.1415	0.1345	0.1380
April	0.1353	0.1261	0.1297
May	0.1414	0.1325	0.1366
June	0.1366	0.1209	0.1295
July	0.1222	0.1096	0.1135
August	0.1136	0.1043	0.1093
September	0.1128	0.1087	0.1109
October	0.1199	0.1077	0.1135
November	0.1224	0.1188	0.1204
December	0.1214	0.1102	0.1155