YEARLY HIGH
0.0567 RWF
YEARLY LOW
0.0468 RWF
YEARLY AVERAGE
0.0513 RWF

2023 STD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0567. Conversely, the yearly low was recorded on January 2, dropping to 0.0468.

This high-to-low spread represents a total annual volatility of 0.0098 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0471 to the December average rate of 0.0563, the exchange rate registered a net change of 19.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0567 was up 14.74% compared to the 2022 peak of 0.0494, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 283 RWF
2022 Average 234 RWF
Yearly Trough Low 234 RWF
Transaction Impact: A difference of 49.18 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0572
0.0462
JanuMarcMayJulySeptNove

STD 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: JanтАУJun) was 0.0484, compared to 0.0542 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0057 points.

H1 Avg (JanтАУJun) 0.0484
H2 Avg (JulтАУDec) 0.0542

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0028 RWF (High: 0.0533 / Low: 0.0505). On the other end, February was the most stable month, with a tight range of 0.0005 RWF (High: 0.0479 / Low: 0.0473).

July Spread (Volatile) ┬▒0.0028
February Spread (Stable) ┬▒0.0005

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0563) against the same month in 2022 (average: 0.0469), the exchange rate shifted by +0.0094 (+19.97%).

2023 Avg (December) 0.0563
2022 Avg (December) 0.0469

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 0.0474 0.0468 0.0471
February 0.0479 0.0473 0.0476
March 0.0487 0.0473 0.0479
April 0.0497 0.0481 0.0486
May 0.0497 0.0488 0.0492
June 0.0516 0.0494 0.0501
July 0.0533 0.0505 0.0513
August 0.0536 0.0524 0.0531
September 0.0549 0.0534 0.0540
October 0.0554 0.0543 0.0548
November 0.0560 0.0548 0.0554
December 0.0567 0.0558 0.0563