YEARLY HIGH
0.0200 SGD
YEARLY LOW
0.0135 SGD
YEARLY AVERAGE
0.0159 SGD

2023 RUB to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0200. Conversely, the yearly low was recorded on October 7, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0065 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0146, the exchange rate registered a net change of -22.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0200 was down 24.59% compared to the 2022 peak of 0.0265, 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 100 SGD
2022 Average 102 SGD
Yearly Trough Low 68 SGD
Transaction Impact: A difference of 32.51 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0194
0.0136
JanuMarcMayJulySeptNove

RUB to SGD 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 0.0174, compared to 0.0144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0174
H2 Avg (Jul–Dec) 0.0144

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0018 SGD (High: 0.0200 / Low: 0.0182). On the other end, September was the most stable month, with a tight range of 0.0005 SGD (High: 0.0144 / Low: 0.0139).

January Spread (Volatile) ±0.0018
September Spread (Stable) ±0.0005

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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0189) against the same month in 2022 (average: 0.0176), the exchange rate shifted by +0.0013 (+7.33%).

2023 Avg (January) 0.0189
2022 Avg (January) 0.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0200 0.0182 0.0189
February 0.0188 0.0178 0.0181
March 0.0180 0.0172 0.0176
April 0.0172 0.0162 0.0164
May 0.0174 0.0166 0.0169
June 0.0167 0.0152 0.0162
July 0.0154 0.0145 0.0147
August 0.0145 0.0135 0.0141
September 0.0144 0.0139 0.0141
October 0.0147 0.0135 0.0141
November 0.0152 0.0146 0.0149
December 0.0149 0.0143 0.0146