2023 RUB to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RUB to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RUB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 16.2208. Conversely, the yearly low was recorded on August 11, dropping to 11.7983.
This high-to-low spread represents a total annual volatility of 4.4225 RWF. From a start-to-finish perspective, comparing the January average rate of 15.3698 to the December average rate of 13.7732, the exchange rate registered a net change of -10.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 16.2208 was down 16.65% compared to the 2022 peak of 19.4603, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RUB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RUB to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.3483, compared to 12.9481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4002 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1.6330 RWF (High: 16.2208 / Low: 14.5878). On the other end, July was the most stable month, with a tight range of 0.4578 RWF (High: 13.1155 / Low: 12.6578).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8332 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 15.3698) against the same month in 2022 (average: 13.4202), the exchange rate shifted by +1.9496 (+14.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.2208 | 14.5878 | 15.3698 |
| February | 15.5400 | 14.3188 | 14.7855 |
| March | 14.5574 | 14.0196 | 14.3292 |
| April | 14.3010 | 13.4708 | 13.7021 |
| May | 14.7089 | 13.8701 | 14.1767 |
| June | 14.2435 | 13.1155 | 13.7263 |
| July | 13.1155 | 12.6578 | 12.8932 |
| August | 12.7353 | 11.7983 | 12.3477 |
| September | 12.6918 | 12.1687 | 12.4411 |
| October | 13.2187 | 11.9979 | 12.6012 |
| November | 14.0123 | 13.2341 | 13.6320 |
| December | 14.2696 | 13.4502 | 13.7732 |