YEARLY HIGH
0.0450 RUB
YEARLY LOW
0.0077 RUB
YEARLY AVERAGE
0.0360 RUB

2024 SYP to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0450. Conversely, the yearly low was recorded on December 26, dropping to 0.0077.

This high-to-low spread represents a total annual volatility of 0.0374 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0356 to the December average rate of 0.0294, the exchange rate registered a net change of -17.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0450 was up 12.03% compared to the 2023 peak of 0.0402, 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 225 RUB
2023 Average 170 RUB
Yearly Trough Low 38 RUB
Transaction Impact: A difference of 186.80 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0413
0.0283
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 0.0362, compared to 0.0357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0362
H2 Avg (Jul–Dec) 0.0357

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0351 RUB (High: 0.0428 / Low: 0.0077). On the other end, April was the most stable month, with a tight range of 0.0008 RUB (High: 0.0375 / Low: 0.0367).

December Spread (Volatile) ±0.0351
April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0108 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0402) against the same month in 2023 (average: 0.0361), the exchange rate shifted by +0.0041 (+11.44%).

2024 Avg (November) 0.0402
2023 Avg (November) 0.0361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0366 0.0349 0.0356
February 0.0377 0.0360 0.0366
March 0.0370 0.0361 0.0366
April 0.0375 0.0367 0.0370
May 0.0372 0.0353 0.0363
June 0.0360 0.0332 0.0351
July 0.0354 0.0338 0.0348
August 0.0366 0.0338 0.0354
September 0.0375 0.0348 0.0363
October 0.0388 0.0376 0.0383
November 0.0450 0.0382 0.0402
December 0.0428 0.0077 0.0294