2023 PYG to RWF Historical Review

YEARLY HIGH

0.1729 RWF

YEARLY LOW

0.1446 RWF

YEARLY AVERAGE

0.1589 RWF

2023 PYG to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1729. Conversely, the yearly low was recorded on January 16, dropping to 0.1446.

This high-to-low spread represents a total annual volatility of 0.0283 RWF. From a start-to-finish perspective, comparing the January average rate of 0.1457 to the December average rate of 0.1704, the exchange rate registered a net change of 16.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1729 was up 13.85% compared to the 2022 peak of 0.1518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 864 RWF

2022 Average 742 RWF

Yearly Trough Low 723 RWF

Transaction Impact: A difference of 141.32 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1729

0.1432

JanuMarcMayJulySeptNove

PYG 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 0.1526, compared to 0.1652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.1526

H2 Avg (Jul–Dec) 0.1652

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0068 RWF (High: 0.1620 / Low: 0.1552). On the other end, January was the most stable month, with a tight range of 0.0022 RWF (High: 0.1468 / Low: 0.1446).

June Spread (Volatile) ±0.0068

January Spread (Stable) ±0.0022

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: 0.1704) against the same month in 2022 (average: 0.1481), the exchange rate shifted by +0.0223 (+15.07%).

2023 Avg (December) 0.1704

2022 Avg (December) 0.1481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1468	0.1446	0.1457
February	0.1496	0.1468	0.1488
March	0.1551	0.1495	0.1522
April	0.1590	0.1530	0.1550
May	0.1570	0.1543	0.1558
June	0.1620	0.1552	0.1579
July	0.1637	0.1594	0.1608
August	0.1638	0.1603	0.1627
September	0.1675	0.1635	0.1654
October	0.1689	0.1642	0.1658
November	0.1675	0.1641	0.1660
December	0.1729	0.1671	0.1704