It depends on the forms of Kyurem and Rayquaza.
Base Forms
- Kyurem is a powerful Dragon/Ice-type Pokémon, but it is vulnerable to Fighting, Rock, Dragon, and Steel-type attacks.
- Rayquaza is a Dragon/Flying-type Pokémon, boasting high Attack and Special Attack stats. It has a natural advantage over Kyurem due to its Flying-type.
In a standard battle, Rayquaza has a higher chance of winning against base Kyurem due to its type advantage and superior stats.
Fusion Forms
- Kyurem Black and Kyurem White gain additional typing and boosts from their respective fusions with Reshiram and Zekrom.
- Kyurem Black becomes a Dragon/Fire-type with a powerful Fire-type movepool.
- Kyurem White becomes a Dragon/Electric-type, gaining access to strong Electric-type moves.
In a battle against Rayquaza, Kyurem Black stands a better chance due to its Fire-type advantage. However, Kyurem White remains vulnerable to Rayquaza's Flying-type attacks.
Mega Rayquaza
Mega Rayquaza is a formidable Dragon/Flying-type Pokémon with significantly boosted stats and the ability to learn powerful Dragon-type moves. It possesses a strong advantage over Kyurem in any of its forms.
In conclusion, the outcome of a battle between Kyurem and Rayquaza heavily depends on the specific forms of each Pokémon. Rayquaza generally has a better chance of winning, especially in its Mega form.