YEARLY HIGH
0.0529 DOP
YEARLY LOW
0.0453 DOP
YEARLY AVERAGE
0.0485 DOP

2023 RWF to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0529. Conversely, the yearly low was recorded on December 10, dropping to 0.0453.

This high-to-low spread represents a total annual volatility of 0.0076 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0457, the exchange rate registered a net change of -13.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0529 was down 7.15% compared to the 2022 peak of 0.0569, 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 264 DOP
2022 Average 265 DOP
Yearly Trough Low 226 DOP
Transaction Impact: A difference of 38.00 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0533
0.0450
JanuMarcMayJulySeptNove

RWF to DOP 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 0.0501, compared to 0.0468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0501
H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0018 DOP (High: 0.0498 / Low: 0.0480). On the other end, August was the most stable month, with a tight range of 0.0005 DOP (High: 0.0481 / Low: 0.0476).

April Spread (Volatile) ±0.0018
August Spread (Stable) ±0.0005

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 February and March, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0527) against the same month in 2022 (average: 0.0561), the exchange rate shifted by -0.0034 (-6.09%).

2023 Avg (January) 0.0527
2022 Avg (January) 0.0561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0529 0.0523 0.0527
February 0.0528 0.0510 0.0517
March 0.0510 0.0493 0.0502
April 0.0498 0.0480 0.0493
May 0.0489 0.0481 0.0486
June 0.0485 0.0468 0.0480
July 0.0480 0.0471 0.0478
August 0.0481 0.0476 0.0479
September 0.0477 0.0465 0.0472
October 0.0468 0.0460 0.0465
November 0.0463 0.0456 0.0460
December 0.0461 0.0453 0.0457