2023 KZT to RWF Historical Review

YEARLY HIGH

2.7675 RWF

YEARLY LOW

2.2967 RWF

YEARLY AVERAGE

2.5370 RWF

2023 KZT to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.7675. Conversely, the yearly low was recorded on January 4, dropping to 2.2967.

This high-to-low spread represents a total annual volatility of 0.4707 RWF. From a start-to-finish perspective, comparing the January average rate of 2.3234 to the December average rate of 2.7311, the exchange rate registered a net change of 17.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7675 was up 12.36% compared to the 2022 peak of 2.4631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,837 RWF

2022 Average 11,244 RWF

Yearly Trough Low 11,484 RWF

Transaction Impact: A difference of 2,353.67 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7718

2.2827

JanuMarcMayJulySeptNove

KZT 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 2.4465, compared to 2.6275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1810 points.

H1 Avg (Jan–Jun) 2.4465

H2 Avg (Jul–Dec) 2.6275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1760 RWF (High: 2.5278 / Low: 2.3518). On the other end, January was the most stable month, with a tight range of 0.0547 RWF (High: 2.3514 / Low: 2.2967).

March Spread (Volatile) ±0.1760

January Spread (Stable) ±0.0547

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 August and September, when the average rate fell by 0.0424 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.7311) against the same month in 2022 (average: 2.2905), the exchange rate shifted by +0.4406 (+19.24%).

2023 Avg (December) 2.7311

2022 Avg (December) 2.2905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3514	2.2967	2.3234
February	2.4502	2.3417	2.4067
March	2.5278	2.3518	2.4254
April	2.4994	2.4254	2.4573
May	2.5519	2.4816	2.5150
June	2.6139	2.5156	2.5511
July	2.6774	2.5682	2.6246
August	2.6512	2.5527	2.6108
September	2.6043	2.5153	2.5683
October	2.6220	2.5378	2.5652
November	2.7032	2.6266	2.6652
December	2.7675	2.6925	2.7311