2023 RWF to BRL Historical Review

YEARLY HIGH

0.0051 BRL

YEARLY LOW

0.0038 BRL

YEARLY AVERAGE

0.0043 BRL

2023 RWF to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0051. Conversely, the yearly low was recorded on December 26, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0013 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0039, the exchange rate registered a net change of -19.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0051 was down 8.40% compared to the 2022 peak of 0.0056, 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 26 BRL

2022 Average 25 BRL

Yearly Trough Low 19 BRL

Transaction Impact: A difference of 6.51 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0049

0.0038

JanuMarcMayJulySeptNove

RWF to BRL 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 0.0046, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0046

H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 BRL (High: 0.0051 / Low: 0.0047). On the other end, November was the most stable month, with a tight range of 0.0001 BRL (High: 0.0040 / Low: 0.0039).

January Spread (Volatile) ±0.0004

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0048) against the same month in 2022 (average: 0.0054), the exchange rate shifted by -0.0005 (-10.22%).

2023 Avg (January) 0.0048

2022 Avg (January) 0.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0051	0.0047	0.0048
February	0.0049	0.0046	0.0048
March	0.0049	0.0046	0.0048
April	0.0046	0.0044	0.0045
May	0.0045	0.0044	0.0044
June	0.0044	0.0041	0.0042
July	0.0042	0.0040	0.0041
August	0.0042	0.0041	0.0041
September	0.0042	0.0040	0.0041
October	0.0043	0.0040	0.0041
November	0.0040	0.0039	0.0040
December	0.0040	0.0038	0.0039