YEARLY HIGH
0.0094 SHP
YEARLY LOW
0.0070 SHP
YEARLY AVERAGE
0.0085 SHP

2024 RUB to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.0094. Conversely, the yearly low was recorded on November 27, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0024 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0076, the exchange rate registered a net change of -13.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0094 was down 24.05% compared to the 2023 peak of 0.0124, 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 47 SHP
2023 Average 48 SHP
Yearly Trough Low 35 SHP
Transaction Impact: A difference of 12.22 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0091
0.0075
JanuMarcMayJulySeptNove

RUB to SHP 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 0.0087, compared to 0.0082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0087
H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0011 SHP (High: 0.0081 / Low: 0.0070). On the other end, March was the most stable month, with a tight range of 0.0002 SHP (High: 0.0087 / Low: 0.0085).

November Spread (Volatile) ±0.0011
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0089) against the same month in 2023 (average: 0.0095), the exchange rate shifted by -0.0006 (-5.93%).

2024 Avg (June) 0.0089
2023 Avg (June) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0090 0.0086 0.0088
February 0.0088 0.0083 0.0086
March 0.0087 0.0085 0.0086
April 0.0087 0.0085 0.0086
May 0.0088 0.0085 0.0087
June 0.0094 0.0087 0.0089
July 0.0092 0.0087 0.0089
August 0.0092 0.0082 0.0087
September 0.0087 0.0079 0.0083
October 0.0081 0.0079 0.0080
November 0.0081 0.0070 0.0078
December 0.0080 0.0070 0.0076