2023 DOP to RWF Historical Review

YEARLY HIGH

22.0869 RWF

YEARLY LOW

18.9123 RWF

YEARLY AVERAGE

20.6767 RWF

2023 DOP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 22.0869. Conversely, the yearly low was recorded on January 17, dropping to 18.9123.

This high-to-low spread represents a total annual volatility of 3.1747 RWF. From a start-to-finish perspective, comparing the January average rate of 18.9917 to the December average rate of 21.8731, the exchange rate registered a net change of 15.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.0869 was up 10.20% compared to the 2022 peak of 20.0431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,435 RWF

2022 Average 94,313 RWF

Yearly Trough Low 94,561 RWF

Transaction Impact: A difference of 15,873.32 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.1613

18.7035

JanuMarcMayJulySeptNove

DOP 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 19.9927, compared to 21.3607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3679 points.

H1 Avg (Jan–Jun) 19.9927

H2 Avg (Jul–Dec) 21.3607

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.7454 RWF (High: 20.8325 / Low: 20.0871). On the other end, January was the most stable month, with a tight range of 0.1994 RWF (High: 19.1117 / Low: 18.9123).

April Spread (Volatile) ±0.7454

January Spread (Stable) ±0.1994

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0449 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 21.8731) against the same month in 2022 (average: 19.3476), the exchange rate shifted by +2.5256 (+13.05%).

2023 Avg (December) 21.8731

2022 Avg (December) 19.3476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.1117	18.9123	18.9917
February	19.6004	18.9404	19.3402
March	20.2996	19.6155	19.9087
April	20.8325	20.0871	20.2859
May	20.7761	20.4300	20.5740
June	21.3728	20.6338	20.8560
July	21.2217	20.8519	20.9340
August	21.0077	20.7847	20.8891
September	21.5129	20.9631	21.2029
October	21.7502	21.3821	21.5153
November	21.9446	21.6076	21.7497
December	22.0869	21.7077	21.8731