YEARLY HIGH
0.0352 TOP
YEARLY LOW
0.0237 TOP
YEARLY AVERAGE
0.0280 TOP

2023 RUB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0352. Conversely, the yearly low was recorded on October 8, dropping to 0.0237.

This high-to-low spread represents a total annual volatility of 0.0116 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0258, the exchange rate registered a net change of -22.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0352 was down 21.11% compared to the 2022 peak of 0.0446, 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 176 TOP
2022 Average 173 TOP
Yearly Trough Low 118 TOP
Transaction Impact: A difference of 57.84 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0342
0.0239
JanuMarcMayJulySeptNove

RUB to TOP 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 0.0305, compared to 0.0254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0305
H2 Avg (Jul–Dec) 0.0254

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0035 TOP (High: 0.0352 / Low: 0.0318). On the other end, September was the most stable month, with a tight range of 0.0009 TOP (High: 0.0252 / Low: 0.0243).

January Spread (Volatile) ±0.0035
September Spread (Stable) ±0.0009

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 0.0024 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0333) against the same month in 2022 (average: 0.0297), the exchange rate shifted by +0.0036 (+12.04%).

2023 Avg (January) 0.0333
2022 Avg (January) 0.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0352 0.0318 0.0333
February 0.0331 0.0310 0.0318
March 0.0316 0.0303 0.0309
April 0.0303 0.0287 0.0291
May 0.0308 0.0292 0.0298
June 0.0295 0.0267 0.0283
July 0.0269 0.0255 0.0259
August 0.0256 0.0237 0.0248
September 0.0252 0.0243 0.0247
October 0.0259 0.0237 0.0247
November 0.0269 0.0258 0.0263
December 0.0264 0.0252 0.0258