2023 KHR to RWF Historical Review

YEARLY HIGH

0.3082 RWF

YEARLY LOW

0.2594 RWF

YEARLY AVERAGE

0.2818 RWF

2023 KHR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3082. Conversely, the yearly low was recorded on January 2, dropping to 0.2594.

This high-to-low spread represents a total annual volatility of 0.0489 RWF. From a start-to-finish perspective, comparing the January average rate of 0.2612 to the December average rate of 0.3050, the exchange rate registered a net change of 16.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3082 was up 16.99% compared to the 2022 peak of 0.2635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,541 RWF

2022 Average 1,267 RWF

Yearly Trough Low 1,297 RWF

Transaction Impact: A difference of 244.34 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3094

0.2568

JanuMarcMayJulySeptNove

KHR 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 0.2701, compared to 0.2936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0235 points.

H1 Avg (Jan–Jun) 0.2701

H2 Avg (Jul–Dec) 0.2936

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0115 RWF (High: 0.2854 / Low: 0.2739). On the other end, January was the most stable month, with a tight range of 0.0041 RWF (High: 0.2634 / Low: 0.2594).

June Spread (Volatile) ±0.0115

January Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between May and December, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3050) against the same month in 2022 (average: 0.2601), the exchange rate shifted by +0.0450 (+17.30%).

2023 Avg (December) 0.3050

2022 Avg (December) 0.2601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2634	0.2594	0.2612
February	0.2697	0.2610	0.2659
March	0.2746	0.2684	0.2702
April	0.2796	0.2704	0.2730
May	0.2759	0.2702	0.2726
June	0.2854	0.2739	0.2776
July	0.2886	0.2807	0.2833
August	0.2875	0.2825	0.2857
September	0.2964	0.2861	0.2914
October	0.2994	0.2940	0.2959
November	0.3027	0.2970	0.2999
December	0.3082	0.3021	0.3050