2023 COP to RWF Historical Review

YEARLY HIGH

0.3281 RWF

YEARLY LOW

0.2152 RWF

YEARLY AVERAGE

0.2700 RWF

2023 COP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.3281. Conversely, the yearly low was recorded on January 5, dropping to 0.2152.

This high-to-low spread represents a total annual volatility of 0.1129 RWF. From a start-to-finish perspective, comparing the January average rate of 0.2282 to the December average rate of 0.3170, the exchange rate registered a net change of 38.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3281 was up 19.80% compared to the 2022 peak of 0.2739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,640,616 RWF

2022 Average 1,224,994 RWF

Yearly Trough Low 1,075,947 RWF

Transaction Impact: A difference of 564,668.37 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3260

0.2176

JanuMarcMayJulySeptNove

COP 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 0.2416, compared to 0.2985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0570 points.

H1 Avg (Jan–Jun) 0.2416

H2 Avg (Jul–Dec) 0.2985

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0286 RWF (High: 0.2835 / Low: 0.2549). On the other end, November was the most stable month, with a tight range of 0.0142 RWF (High: 0.3144 / Low: 0.3002).

June Spread (Volatile) ±0.0286

November Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between February and September, 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 September and October, when the average rate fell by 0.0106 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3170) against the same month in 2022 (average: 0.2236), the exchange rate shifted by +0.0934 (+41.78%).

2023 Avg (December) 0.3170

2022 Avg (December) 0.2236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2407	0.2152	0.2282
February	0.2352	0.2187	0.2266
March	0.2390	0.2245	0.2300
April	0.2532	0.2372	0.2448
May	0.2569	0.2376	0.2472
June	0.2835	0.2549	0.2726
July	0.3015	0.2752	0.2875
August	0.3006	0.2819	0.2905
September	0.3076	0.2898	0.3002
October	0.3005	0.2793	0.2896
November	0.3144	0.3002	0.3063
December	0.3281	0.3089	0.3170