YEARLY HIGH
2.6566 RUB
YEARLY LOW
2.0093 RUB
YEARLY AVERAGE
2.3303 RUB

2023 SRD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 2.6566. Conversely, the yearly low was recorded on May 10, dropping to 2.0093.

This high-to-low spread represents a total annual volatility of 0.6473 RUB. From a start-to-finish perspective, comparing the January average rate of 2.1994 to the December average rate of 2.4373, the exchange rate registered a net change of 10.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6566 was down 61.69% compared to the 2022 peak of 6.9347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SRD based on timing:

Yearly Peak High 13,283 RUB
2022 Average 15,005 RUB
Yearly Trough Low 10,047 RUB
Transaction Impact: A difference of 3,236.52 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5865
2.0774
JanuMarcMayJulySeptNove

SRD to RUB 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 2.1971, compared to 2.4635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2663 points.

H1 Avg (Jan–Jun) 2.1971
H2 Avg (Jul–Dec) 2.4635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2372 RUB (High: 2.3170 / Low: 2.0797). On the other end, April was the most stable month, with a tight range of 0.0930 RUB (High: 2.2407 / Low: 2.1477).

January Spread (Volatile) ±0.2372
April Spread (Stable) ±0.0930

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1594 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.5441) against the same month in 2022 (average: 2.1810), the exchange rate shifted by +0.3631 (+16.65%).

2023 Avg (October) 2.5441
2022 Avg (October) 2.1810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3170 2.0797 2.1994
February 2.2906 2.1543 2.2410
March 2.2526 2.1477 2.2077
April 2.2407 2.1477 2.2026
May 2.1822 2.0093 2.1199
June 2.3345 2.1127 2.2123
July 2.4325 2.3114 2.3851
August 2.6160 2.3964 2.5040
September 2.5751 2.4716 2.5257
October 2.6566 2.4328 2.5441
November 2.4546 2.3247 2.3847
December 2.4989 2.3853 2.4373