2023 ANG to RWF Historical Review

YEARLY HIGH

699.0806 RWF

YEARLY LOW

592.9416 RWF

YEARLY AVERAGE

642.7817 RWF

2023 ANG to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 699.0806. Conversely, the yearly low was recorded on January 2, dropping to 592.9416.

This high-to-low spread represents a total annual volatility of 106.1390 RWF. From a start-to-finish perspective, comparing the January average rate of 596.3148 to the December average rate of 695.0716, the exchange rate registered a net change of 16.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 699.0806 was up 16.00% compared to the 2022 peak of 602.6450, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,495,403 RWF

2022 Average 2,874,433 RWF

Yearly Trough Low 2,964,708 RWF

Transaction Impact: A difference of 530,694.94 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

704.9473

586.4391

JanuMarcMayJulySeptNove

ANG 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 613.5112, compared to 672.0522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 58.5410 points.

H1 Avg (Jan–Jun) 613.5112

H2 Avg (Jul–Dec) 672.0522

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 27.1266 RWF (High: 653.4931 / Low: 626.3665). On the other end, February was the most stable month, with a tight range of 5.3092 RWF (High: 605.4111 / Low: 600.1019).

June Spread (Volatile) ±27.1266

February Spread (Stable) ±5.3092

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 695.0716) against the same month in 2022 (average: 593.9226), the exchange rate shifted by +101.1491 (+17.03%).

2023 Avg (December) 695.0716

2022 Avg (December) 593.9226

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	600.4988	592.9416	596.3148
February	605.4111	600.1019	602.7667
March	617.9126	604.6621	607.8647
April	631.4603	611.9676	616.3121
May	628.6350	618.5879	622.6805
June	653.4931	626.3665	635.1287
July	661.5661	640.7543	648.9146
August	661.6900	648.2357	656.3449
September	677.6222	660.2727	667.8519
October	685.3821	673.3838	678.4957
November	691.3682	680.3389	685.6347
December	699.0806	689.6627	695.0716