YEARLY HIGH
0.0551 QAR
YEARLY LOW
0.0360 QAR
YEARLY AVERAGE
0.0432 QAR

2023 RUB to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0551. Conversely, the yearly low was recorded on October 8, dropping to 0.0360.

This high-to-low spread represents a total annual volatility of 0.0191 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0521 to the December average rate of 0.0400, the exchange rate registered a net change of -23.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0551 was down 21.03% compared to the 2022 peak of 0.0698, 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 276 QAR
2022 Average 270 QAR
Yearly Trough Low 180 QAR
Transaction Impact: A difference of 95.60 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0536
0.0361
JanuMarcMayJulySeptNove

RUB to QAR 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 0.0474, compared to 0.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.0474
H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0057 QAR (High: 0.0551 / Low: 0.0494). On the other end, September was the most stable month, with a tight range of 0.0014 QAR (High: 0.0384 / Low: 0.0370).

January Spread (Volatile) ±0.0057
September Spread (Stable) ±0.0014

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 0.0035 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0521) against the same month in 2022 (average: 0.0476), the exchange rate shifted by +0.0045 (+9.55%).

2023 Avg (January) 0.0521
2022 Avg (January) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0551 0.0494 0.0521
February 0.0521 0.0479 0.0496
March 0.0485 0.0469 0.0478
April 0.0470 0.0444 0.0450
May 0.0478 0.0448 0.0460
June 0.0453 0.0410 0.0437
July 0.0414 0.0394 0.0402
August 0.0394 0.0365 0.0380
September 0.0384 0.0370 0.0377
October 0.0392 0.0360 0.0376
November 0.0413 0.0390 0.0402
December 0.0412 0.0392 0.0400