2023 CHF to RWF Historical Review

YEARLY HIGH

1500.1164 RWF

YEARLY LOW

1142.3621 RWF

YEARLY AVERAGE

1290.3585 RWF

2023 CHF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1500.1164. Conversely, the yearly low was recorded on January 3, dropping to 1142.3621.

This high-to-low spread represents a total annual volatility of 357.7543 RWF. From a start-to-finish perspective, comparing the January average rate of 1163.1314 to the December average rate of 1451.9730, the exchange rate registered a net change of 24.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1500.1164 was up 29.56% compared to the 2022 peak of 1157.8498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,500,582 RWF

2022 Average 5,429,329 RWF

Yearly Trough Low 5,711,810 RWF

Transaction Impact: A difference of 1,788,771.47 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1480.8572

1134.2472

JanuMarcMayJulySeptNove

CHF 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 1212.1982, compared to 1368.5187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 156.3206 points.

H1 Avg (Jan–Jun) 1212.1982

H2 Avg (Jul–Dec) 1368.5187

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 78.3555 RWF (High: 1365.3602 / Low: 1287.0047). On the other end, August was the most stable month, with a tight range of 21.0029 RWF (High: 1358.9060 / Low: 1337.9031).

July Spread (Volatile) ±78.3555

August Spread (Stable) ±21.0029

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 7.6820 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -7.6820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1451.9730) against the same month in 2022 (average: 1148.4750), the exchange rate shifted by +303.4980 (+26.43%).

2023 Avg (December) 1451.9730

2022 Avg (December) 1148.4750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1179.1409	1142.3621	1163.1314
February	1192.4041	1156.5506	1172.4869
March	1211.8267	1157.2483	1182.3806
April	1278.8268	1208.0806	1234.5398
May	1261.7717	1239.1017	1249.1085
June	1313.2135	1243.0351	1271.5420
July	1365.3602	1287.0047	1336.4308
August	1358.9060	1337.9031	1346.2409
September	1350.5462	1321.4705	1338.5589
October	1382.1928	1317.8846	1352.5863
November	1420.0208	1356.9130	1385.3225
December	1500.1164	1422.0605	1451.9730