2023 RWF to CZK Historical Review

YEARLY HIGH

0.0214 CZK

YEARLY LOW

0.0176 CZK

YEARLY AVERAGE

0.0192 CZK

2023 RWF to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0214. Conversely, the yearly low was recorded on December 26, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0037 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0179, the exchange rate registered a net change of -13.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0214 was down 12.64% compared to the 2022 peak of 0.0245, 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 107 CZK

2022 Average 113 CZK

Yearly Trough Low 88 CZK

Transaction Impact: A difference of 18.67 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0209

0.0176

JanuMarcMayJulySeptNove

RWF to CZK 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 0.0198, compared to 0.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0198

H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0013 CZK (High: 0.0208 / Low: 0.0195). On the other end, August was the most stable month, with a tight range of 0.0004 CZK (High: 0.0189 / Low: 0.0185).

March Spread (Volatile) ±0.0013

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0207) against the same month in 2022 (average: 0.0211), the exchange rate shifted by -0.0004 (-1.90%).

2023 Avg (January) 0.0207

2022 Avg (January) 0.0211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0214	0.0202	0.0207
February	0.0206	0.0200	0.0204
March	0.0208	0.0195	0.0202
April	0.0196	0.0187	0.0193
May	0.0197	0.0190	0.0194
June	0.0195	0.0184	0.0191
July	0.0189	0.0181	0.0185
August	0.0189	0.0185	0.0187
September	0.0192	0.0187	0.0190
October	0.0193	0.0187	0.0190
November	0.0188	0.0177	0.0183
December	0.0182	0.0176	0.0179