2023 PLN to RWF Historical Review

YEARLY HIGH

323.8698 RWF

YEARLY LOW

240.4359 RWF

YEARLY AVERAGE

276.4416 RWF

2023 PLN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 323.8698. Conversely, the yearly low was recorded on January 5, dropping to 240.4359.

This high-to-low spread represents a total annual volatility of 83.4339 RWF. From a start-to-finish perspective, comparing the January average rate of 247.9745 to the December average rate of 316.1931, the exchange rate registered a net change of 27.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 323.8698 was up 23.59% compared to the 2022 peak of 262.0568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 6,477,397 RWF

2022 Average 4,663,051 RWF

Yearly Trough Low 4,808,719 RWF

Transaction Impact: A difference of 1,668,678.36 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

323.3022

237.9931

JanuMarcMayJulySeptNove

PLN 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 258.6410, compared to 294.2422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.6012 points.

H1 Avg (Jan–Jun) 258.6410

H2 Avg (Jul–Dec) 294.2422

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 23.4134 RWF (High: 316.6113 / Low: 293.1979). On the other end, August was the most stable month, with a tight range of 5.6681 RWF (High: 292.3802 / Low: 286.7121).

November Spread (Volatile) ±23.4134

August Spread (Stable) ±5.6681

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 10.1311 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -10.1311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 316.1931) against the same month in 2022 (average: 242.3245), the exchange rate shifted by +73.8686 (+30.48%).

2023 Avg (December) 316.1931

2022 Avg (December) 242.3245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	259.8339	240.4359	247.9745
February	253.5216	242.4574	245.1022
March	257.6696	244.8228	249.6837
April	272.6917	255.8948	262.2791
May	272.2032	266.2566	268.4978
June	289.0935	268.7825	278.3090
July	296.6536	282.7260	290.6896
August	292.3802	286.7121	289.4387
September	288.3227	275.0671	279.3076
October	293.1128	274.4849	286.3157
November	316.6113	293.1979	303.5085
December	323.8698	310.4184	316.1931