2023 RWF to FJD Historical Review

YEARLY HIGH

0.0021 FJD

YEARLY LOW

0.0017 FJD

YEARLY AVERAGE

0.0019 FJD

2023 RWF to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0021. Conversely, the yearly low was recorded on December 28, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0003 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0018, the exchange rate registered a net change of -12.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0021 was down 6.93% compared to the 2022 peak of 0.0022, 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 10 FJD

2022 Average 11 FJD

Yearly Trough Low 9 FJD

Transaction Impact: A difference of 1.65 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0021

0.0017

JanuMarcMayJulySeptNove

RWF to FJD 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 0.0020, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0020

H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0001 FJD (High: 0.0020 / Low: 0.0019). On the other end, September was the most stable month, with a tight range of 0.0000 FJD (High: 0.0019 / Low: 0.0019).

June Spread (Volatile) ±0.0001

September Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0020) against the same month in 2022 (average: 0.0021), the exchange rate shifted by -0.0000 (-2.28%).

2023 Avg (January) 0.0020

2022 Avg (January) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0021	0.0020	0.0020
February	0.0020	0.0020	0.0020
March	0.0021	0.0020	0.0020
April	0.0020	0.0020	0.0020
May	0.0020	0.0020	0.0020
June	0.0020	0.0019	0.0019
July	0.0019	0.0019	0.0019
August	0.0019	0.0019	0.0019
September	0.0019	0.0019	0.0019
October	0.0019	0.0018	0.0019
November	0.0019	0.0018	0.0018
December	0.0018	0.0017	0.0018