2023 AZN to RWF Historical Review

YEARLY HIGH

742.6471 RWF

YEARLY LOW

628.6566 RWF

YEARLY AVERAGE

681.1362 RWF

2023 AZN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 742.6471. Conversely, the yearly low was recorded on January 2, dropping to 628.6566.

This high-to-low spread represents a total annual volatility of 113.9905 RWF. From a start-to-finish perspective, comparing the January average rate of 632.1827 to the December average rate of 737.6337, the exchange rate registered a net change of 16.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 742.6471 was up 16.26% compared to the 2022 peak of 638.7747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,713,235 RWF

2022 Average 3,047,198 RWF

Yearly Trough Low 3,143,283 RWF

Transaction Impact: A difference of 569,952.30 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

748.1788

621.6376

JanuMarcMayJulySeptNove

AZN 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 650.0734, compared to 712.1990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 62.1256 points.

H1 Avg (Jan–Jun) 650.0734

H2 Avg (Jul–Dec) 712.1990

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 28.9059 RWF (High: 692.6916 / Low: 663.7857). On the other end, February was the most stable month, with a tight range of 7.0974 RWF (High: 642.7365 / Low: 635.6391).

June Spread (Volatile) ±28.9059

February Spread (Stable) ±7.0974

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: 737.6337) against the same month in 2022 (average: 629.8189), the exchange rate shifted by +107.8148 (+17.12%).

2023 Avg (December) 737.6337

2022 Avg (December) 629.8189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	636.7647	628.6566	632.1827
February	642.7365	635.6391	639.0910
March	654.1041	634.8615	643.3537
April	667.3648	645.9036	652.7091
May	666.7647	654.8415	659.9564
June	692.6916	663.7857	673.1475
July	698.6235	677.7506	687.0919
August	701.9285	687.4356	695.8070
September	719.7857	700.0243	707.8653
October	726.2922	712.1308	718.8523
November	733.5035	717.8883	725.9436
December	742.6471	731.3447	737.6337