2023 RUB to ZAR Historical Review

YEARLY HIGH

0.2550 ZAR

YEARLY LOW

0.1879 ZAR

YEARLY AVERAGE

0.2180 ZAR

2023 RUB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.2550. Conversely, the yearly low was recorded on October 11, dropping to 0.1879.

This high-to-low spread represents a total annual volatility of 0.0672 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2442 to the December average rate of 0.2042, the exchange rate registered a net change of -16.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2550 was down 18.68% compared to the 2022 peak of 0.3136, 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 1,275 ZAR

2022 Average 1,224 ZAR

Yearly Trough Low 939 ZAR

Transaction Impact: A difference of 335.76 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2490

0.1912

JanuMarcMayJulySeptNove

RUB to ZAR 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 0.2363, compared to 0.1997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0366 points.

H1 Avg (Jan–Jun) 0.2363

H2 Avg (Jul–Dec) 0.1997

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0304 ZAR (High: 0.2423 / Low: 0.2119). On the other end, February was the most stable month, with a tight range of 0.0063 ZAR (High: 0.2473 / Low: 0.2409).

June Spread (Volatile) ±0.0304

February Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0238 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2442) against the same month in 2022 (average: 0.2026), the exchange rate shifted by +0.0416 (+20.56%).

2023 Avg (January) 0.2442

2022 Avg (January) 0.2026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2550	0.2305	0.2442
February	0.2473	0.2409	0.2438
March	0.2453	0.2295	0.2393
April	0.2295	0.2204	0.2243
May	0.2500	0.2280	0.2413
June	0.2423	0.2119	0.2248
July	0.2141	0.1915	0.2011
August	0.2030	0.1894	0.1961
September	0.1997	0.1931	0.1961
October	0.2047	0.1879	0.1962
November	0.2136	0.1961	0.2047
December	0.2102	0.1966	0.2042