2023 AUD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AUD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AUD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 863.3139. Conversely, the yearly low was recorded on March 10, dropping to 714.6981.
This high-to-low spread represents a total annual volatility of 148.6158 RWF. From a start-to-finish perspective, comparing the January average rate of 747.9842 to the December average rate of 840.6756, the exchange rate registered a net change of 12.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 863.3139 was up 11.32% compared to the 2022 peak of 775.4947, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AUD to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 747.1894, compared to 790.6897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.5003 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 54.8809 RWF (High: 774.2042 / Low: 719.3233). On the other end, August was the most stable month, with a tight range of 26.2429 RWF (High: 778.8063 / Low: 752.5634).
Growth Streaks & Declines
TrendsBetween March and July, 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 July and August, when the average rate fell by 19.6510 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 840.6756) against the same month in 2022 (average: 722.8773), the exchange rate shifted by +117.7983 (+16.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 774.2042 | 719.3233 | 747.9842 |
| February | 772.9655 | 731.9967 | 748.2437 |
| March | 745.6657 | 714.6981 | 730.8626 |
| April | 760.5312 | 732.7134 | 741.8681 |
| May | 759.0562 | 732.7815 | 745.0720 |
| June | 786.7253 | 742.1927 | 769.1057 |
| July | 805.7056 | 767.1448 | 786.0933 |
| August | 778.8063 | 752.5634 | 766.4423 |
| September | 786.5520 | 759.7259 | 772.8342 |
| October | 792.8480 | 765.7831 | 775.6547 |
| November | 827.3418 | 779.3019 | 802.4385 |
| December | 863.3139 | 816.1076 | 840.6756 |