2023 RWF to ALL Historical Review

YEARLY HIGH

0.1040 ALL

YEARLY LOW

0.0743 ALL

YEARLY AVERAGE

0.0873 ALL

2023 RWF to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1040. Conversely, the yearly low was recorded on December 31, dropping to 0.0743.

This high-to-low spread represents a total annual volatility of 0.0298 ALL. From a start-to-finish perspective, comparing the January average rate of 0.1004 to the December average rate of 0.0751, the exchange rate registered a net change of -25.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1040 was down 9.45% compared to the 2022 peak of 0.1149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 520 ALL

2022 Average 546 ALL

Yearly Trough Low 371 ALL

Transaction Impact: A difference of 148.88 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1030

0.0726

JanuMarcMayJulySeptNove

RWF to ALL 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 0.0946, compared to 0.0800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.0946

H2 Avg (Jul–Dec) 0.0800

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0080 ALL (High: 0.0847 / Low: 0.0767). On the other end, December was the most stable month, with a tight range of 0.0015 ALL (High: 0.0758 / Low: 0.0743).

July Spread (Volatile) ±0.0080

December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0065 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1004) against the same month in 2022 (average: 0.1044), the exchange rate shifted by -0.0039 (-3.78%).

2023 Avg (January) 0.1004

2022 Avg (January) 0.1044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1040	0.0990	0.1004
February	0.1002	0.0978	0.0995
March	0.0996	0.0941	0.0977
April	0.0941	0.0891	0.0923
May	0.0934	0.0903	0.0912
June	0.0905	0.0831	0.0866
July	0.0847	0.0767	0.0800
August	0.0862	0.0790	0.0819
September	0.0843	0.0823	0.0832
October	0.0834	0.0806	0.0819
November	0.0808	0.0751	0.0778
December	0.0758	0.0743	0.0751