YEARLY HIGH
16.2208 RWF
YEARLY LOW
11.7983 RWF
YEARLY AVERAGE
13.6482 RWF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 81,104 RWF
2022 Average 76,927 RWF
Yearly Trough Low 58,992 RWF
Transaction Impact: A difference of 22,112.71 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.6720
12.0455
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 14.3483
H2 Avg (Jul–Dec) 12.9481

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±1.6330
July Spread (Stable) ±0.4578

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8332

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 15.3698
2022 Avg (January) 13.4202

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