2023 RUB to TRY Historical Review

YEARLY HIGH

0.3341 TRY

YEARLY LOW

0.2355 TRY

YEARLY AVERAGE

0.2769 TRY

2023 RUB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.3341. Conversely, the yearly low was recorded on April 11, dropping to 0.2355.

This high-to-low spread represents a total annual volatility of 0.0986 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2686 to the December average rate of 0.3196, the exchange rate registered a net change of 19.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3341 was up 3.71% compared to the 2022 peak of 0.3221, 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 1,670 TRY

2022 Average 1,247 TRY

Yearly Trough Low 1,177 TRY

Transaction Impact: A difference of 493.10 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3277

0.2308

JanuMarcMayJulySeptNove

RUB to TRY 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 0.2578, compared to 0.2960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0382 points.

H1 Avg (Jan–Jun) 0.2578

H2 Avg (Jul–Dec) 0.2960

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0511 TRY (High: 0.3091 / Low: 0.2580). On the other end, March was the most stable month, with a tight range of 0.0068 TRY (High: 0.2529 / Low: 0.2462).

June Spread (Volatile) ±0.0511

March Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0121 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3196) against the same month in 2022 (average: 0.2819), the exchange rate shifted by +0.0377 (+13.37%).

2023 Avg (December) 0.3196

2022 Avg (December) 0.2819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2846	0.2536	0.2686
February	0.2691	0.2483	0.2565
March	0.2529	0.2462	0.2489
April	0.2474	0.2355	0.2389
May	0.2607	0.2412	0.2498
June	0.3091	0.2580	0.2841
July	0.2992	0.2856	0.2922
August	0.2919	0.2708	0.2810
September	0.2842	0.2725	0.2793
October	0.3041	0.2734	0.2876
November	0.3268	0.3047	0.3166
December	0.3341	0.3116	0.3196