2023 KGS to RWF Historical Review

YEARLY HIGH

14.1755 RWF

YEARLY LOW

12.3457 RWF

YEARLY AVERAGE

13.1772 RWF

2023 KGS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 14.1755. Conversely, the yearly low was recorded on March 18, dropping to 12.3457.

This high-to-low spread represents a total annual volatility of 1.8297 RWF. From a start-to-finish perspective, comparing the January average rate of 12.5581 to the December average rate of 14.0687, the exchange rate registered a net change of 12.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.1755 was up 6.34% compared to the 2022 peak of 13.3297, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,877 RWF

2022 Average 61,682 RWF

Yearly Trough Low 61,729 RWF

Transaction Impact: A difference of 9,148.65 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.2263

12.3354

JanuMarcMayJulySeptNove

KGS 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 12.6936, compared to 13.6609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9673 points.

H1 Avg (Jan–Jun) 12.6936

H2 Avg (Jul–Dec) 13.6609

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6165 RWF (High: 13.5002 / Low: 12.8836). On the other end, August was the most stable month, with a tight range of 0.2159 RWF (High: 13.5210 / Low: 13.3051).

June Spread (Volatile) ±0.6165

August Spread (Stable) ±0.2159

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0651 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 14.0687) against the same month in 2022 (average: 12.5747), the exchange rate shifted by +1.4940 (+11.88%).

2023 Avg (December) 14.0687

2022 Avg (December) 12.5747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7508	12.4733	12.5581
February	12.6684	12.3609	12.4930
March	12.7199	12.3457	12.5135
April	12.9630	12.5605	12.6842
May	12.9513	12.7197	12.8263
June	13.5002	12.8836	13.0864
July	13.5517	13.1628	13.3176
August	13.5210	13.3051	13.4297
September	13.7937	13.4836	13.5907
October	13.8855	13.6464	13.7144
November	13.9837	13.6633	13.8442
December	14.1755	13.9405	14.0687