2023 ALL to RWF Historical Review

YEARLY HIGH

13.4645 RWF

YEARLY LOW

9.6112 RWF

YEARLY AVERAGE

11.5610 RWF

2023 ALL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 13.4645. Conversely, the yearly low was recorded on January 8, dropping to 9.6112.

This high-to-low spread represents a total annual volatility of 3.8534 RWF. From a start-to-finish perspective, comparing the January average rate of 9.9587 to the December average rate of 13.3167, the exchange rate registered a net change of 33.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.4645 was up 34.28% compared to the 2022 peak of 10.0271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,323 RWF

2022 Average 45,874 RWF

Yearly Trough Low 48,056 RWF

Transaction Impact: A difference of 19,266.85 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.6525

9.6229

JanuMarcMayJulySeptNove

ALL to RWF 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 10.6021, compared to 12.5199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9178 points.

H1 Avg (Jan–Jun) 10.6021

H2 Avg (Jul–Dec) 12.5199

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.2300 RWF (High: 13.0423 / Low: 11.8123). On the other end, February was the most stable month, with a tight range of 0.2482 RWF (High: 10.2273 / Low: 9.9791).

July Spread (Volatile) ±1.2300

February Spread (Stable) ±0.2482

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2878 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 13.3167) against the same month in 2022 (average: 9.8548), the exchange rate shifted by +3.4619 (+35.13%).

2023 Avg (December) 13.3167

2022 Avg (December) 9.8548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0999	9.6112	9.9587
February	10.2273	9.9791	10.0550
March	10.6299	10.0421	10.2350
April	11.2188	10.6299	10.8354
May	11.0697	10.7087	10.9698
June	12.0281	11.0534	11.5586
July	13.0423	11.8123	12.5051
August	12.6619	11.5984	12.2173
September	12.1547	11.8609	12.0210
October	12.4014	11.9855	12.2054
November	13.3193	12.3802	12.8542
December	13.4645	13.1953	13.3167