2023 RWF to EGP Historical Review

YEARLY HIGH

0.0284 EGP

YEARLY LOW

0.0230 EGP

YEARLY AVERAGE

0.0265 EGP

2023 RWF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0284. Conversely, the yearly low was recorded on January 1, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0054 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0266 to the December average rate of 0.0246, the exchange rate registered a net change of -7.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0284 was up 21.95% compared to the 2022 peak of 0.0233, 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 142 EGP

2022 Average 93 EGP

Yearly Trough Low 115 EGP

Transaction Impact: A difference of 27.05 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0285

0.0243

JanuMarcMayJulySeptNove

RWF to EGP 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 0.0275, compared to 0.0255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0275

H2 Avg (Jul–Dec) 0.0255

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0049 EGP (High: 0.0279 / Low: 0.0230). On the other end, December was the most stable month, with a tight range of 0.0004 EGP (High: 0.0249 / Low: 0.0244).

January Spread (Volatile) ±0.0049

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0282) against the same month in 2022 (average: 0.0163), the exchange rate shifted by +0.0118 (+72.37%).

2023 Avg (March) 0.0282

2022 Avg (March) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0279	0.0230	0.0266
February	0.0283	0.0277	0.0280
March	0.0284	0.0277	0.0282
April	0.0281	0.0272	0.0278
May	0.0278	0.0271	0.0275
June	0.0274	0.0262	0.0270
July	0.0268	0.0259	0.0264
August	0.0265	0.0259	0.0261
September	0.0260	0.0253	0.0257
October	0.0255	0.0250	0.0253
November	0.0252	0.0248	0.0250
December	0.0249	0.0244	0.0246