YEARLY HIGH
21.3565 STD
YEARLY LOW
17.6490 STD
YEARLY AVERAGE
19.5716 STD

2023 RWF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 21.3565. Conversely, the yearly low was recorded on December 28, dropping to 17.6490.

This high-to-low spread represents a total annual volatility of 3.7075 STD. From a start-to-finish perspective, comparing the January average rate of 21.2374 to the December average rate of 17.7693, the exchange rate registered a net change of -16.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.3565 was down 7.50% compared to the 2022 peak of 23.0881, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106,782 STD
2022 Average 106,997 STD
Yearly Trough Low 88,245 STD
Transaction Impact: A difference of 18,537.53 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.5842
17.4224
JanuMarcMayJulySeptNove

RWF to STD 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: JanтАУJun) was 20.6616, compared to 18.4815 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 2.1802 points.

H1 Avg (JanтАУJun) 20.6616
H2 Avg (JulтАУDec) 18.4815

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.0481 STD (High: 19.8092 / Low: 18.7611). On the other end, February was the most stable month, with a tight range of 0.2332 STD (High: 21.1219 / Low: 20.8886).

July Spread (Volatile) ┬▒1.0481
February Spread (Stable) ┬▒0.2332

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.6423 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.6423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 21.2374) against the same month in 2022 (average: 20.5918), the exchange rate shifted by +0.6456 (+3.14%).

2023 Avg (January) 21.2374
2022 Avg (January) 20.5918

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 21.3565 21.0845 21.2374
February 21.1219 20.8886 21.0080
March 21.1477 20.5256 20.8650
April 20.7862 20.1177 20.5701
May 20.5025 20.1359 20.3441
June 20.2262 19.3822 19.9453
July 19.8092 18.7611 19.4798
August 19.0664 18.6728 18.8375
September 18.7236 18.2095 18.5170
October 18.4052 18.0464 18.2336
November 18.2576 17.8690 18.0517
December 17.9217 17.6490 17.7693