2023 LSL to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LSL to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LSL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 68.8875. Conversely, the yearly low was recorded on May 30, dropping to 57.0596.
This high-to-low spread represents a total annual volatility of 11.8279 RWF. From a start-to-finish perspective, comparing the January average rate of 62.8364 to the December average rate of 67.1791, the exchange rate registered a net change of 6.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 68.8875 was down 2.29% compared to the 2022 peak of 70.5047, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LSL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LSL to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 60.7901, compared to 64.7068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9168 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 6.4525 RWF (High: 67.3481 / Low: 60.8956). On the other end, January was the most stable month, with a tight range of 1.9367 RWF (High: 63.9120 / Low: 61.9753).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.2323 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 67.1791) against the same month in 2022 (average: 62.0098), the exchange rate shifted by +5.1693 (+8.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.9120 | 61.9753 | 62.8364 |
| February | 63.7215 | 59.1106 | 60.7104 |
| March | 62.1848 | 58.6229 | 59.8937 |
| April | 62.8365 | 59.9911 | 61.1875 |
| May | 61.1050 | 57.0596 | 58.9552 |
| June | 63.2714 | 57.0636 | 61.1573 |
| July | 67.3481 | 60.8956 | 64.1453 |
| August | 65.3216 | 60.8673 | 62.9293 |
| September | 64.8080 | 62.4463 | 63.4726 |
| October | 65.4313 | 62.2851 | 64.1337 |
| November | 68.6305 | 62.8242 | 66.3809 |
| December | 68.8875 | 65.4642 | 67.1791 |