YEARLY HIGH
0.0402 RUB
YEARLY LOW
0.0263 RUB
YEARLY AVERAGE
0.0340 RUB

2023 SYP to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0402. Conversely, the yearly low was recorded on January 15, dropping to 0.0263.

This high-to-low spread represents a total annual volatility of 0.0139 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0278 to the December average rate of 0.0362, the exchange rate registered a net change of 30.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0402 was down 29.22% compared to the 2022 peak of 0.0568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 201 RUB
2022 Average 139 RUB
Yearly Trough Low 131 RUB
Transaction Impact: A difference of 69.65 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0397
0.0268
JanuMarcMayJulySeptNove

SYP 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 0.0307, compared to 0.0373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.0307
H2 Avg (Jul–Dec) 0.0373

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0032 RUB (High: 0.0402 / Low: 0.0370). On the other end, March was the most stable month, with a tight range of 0.0010 RUB (High: 0.0309 / Low: 0.0299).

October Spread (Volatile) ±0.0032
March Spread (Stable) ±0.0010

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 0.0026 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0386) against the same month in 2022 (average: 0.0246), the exchange rate shifted by +0.0140 (+56.87%).

2023 Avg (October) 0.0386
2022 Avg (October) 0.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0293 0.0263 0.0278
February 0.0303 0.0278 0.0293
March 0.0309 0.0299 0.0304
April 0.0327 0.0309 0.0322
May 0.0324 0.0303 0.0315
June 0.0354 0.0322 0.0332
July 0.0366 0.0350 0.0361
August 0.0398 0.0368 0.0381
September 0.0392 0.0377 0.0385
October 0.0402 0.0370 0.0386
November 0.0371 0.0351 0.0361
December 0.0370 0.0352 0.0362