2023 OMR to RWF Historical Review

YEARLY HIGH

3279.5104 RWF

YEARLY LOW

2775.8286 RWF

YEARLY AVERAGE

3008.5350 RWF

2023 OMR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 3279.5104. Conversely, the yearly low was recorded on January 2, dropping to 2775.8286.

This high-to-low spread represents a total annual volatility of 503.6818 RWF. From a start-to-finish perspective, comparing the January average rate of 2791.7686 to the December average rate of 3257.1450, the exchange rate registered a net change of 16.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3279.5104 was up 16.28% compared to the 2022 peak of 2820.3071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,397,552 RWF

2022 Average 13,455,141 RWF

Yearly Trough Low 13,879,143 RWF

Transaction Impact: A difference of 2,518,409.00 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3303.6826

2745.2310

JanuMarcMayJulySeptNove

OMR 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 2871.6906, compared to 3145.3794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 273.6888 points.

H1 Avg (Jan–Jun) 2871.6906

H2 Avg (Jul–Dec) 3145.3794

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 127.7550 RWF (High: 3058.7414 / Low: 2930.9865). On the other end, January was the most stable month, with a tight range of 35.5603 RWF (High: 2811.3889 / Low: 2775.8286).

June Spread (Volatile) ±127.7550

January Spread (Stable) ±35.5603

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: 3257.1450) against the same month in 2022 (average: 2781.4458), the exchange rate shifted by +475.6991 (+17.10%).

2023 Avg (December) 3257.1450

2022 Avg (December) 2781.4458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2811.3889	2775.8286	2791.7686
February	2843.6486	2805.3993	2823.0349
March	2888.2293	2822.0461	2844.1599
April	2946.8898	2854.8807	2882.9775
May	2944.2247	2891.4178	2914.7485
June	3058.7414	2930.9865	2973.4543
July	3089.8148	2995.8007	3034.8141
August	3099.2314	3035.4300	3072.1007
September	3179.7861	3091.0323	3126.1579
October	3207.0460	3142.0682	3174.4771
November	3239.4186	3182.5137	3207.5815
December	3279.5104	3228.0705	3257.1450