YEARLY HIGH
0.0008 GBP
YEARLY LOW
0.0006 GBP
YEARLY AVERAGE
0.0007 GBP

2023 RWF to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0008. Conversely, the yearly low was recorded on December 27, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0002 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0006, the exchange rate registered a net change of -17.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0008 was down 11.50% compared to the 2022 peak of 0.0009, 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 4 GBP
2022 Average 4 GBP
Yearly Trough Low 3 GBP
Transaction Impact: A difference of 0.82 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0008
0.0006
JanuMarcMayJulySeptNove

RWF to GBP 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 0.0007, compared to 0.0007 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) 0.0007
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0000 GBP (High: 0.0008 / Low: 0.0007). On the other end, August was the most stable month, with a tight range of 0.0000 GBP (High: 0.0007 / Low: 0.0007).

March Spread (Volatile) ±0.0000
August Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0008) against the same month in 2022 (average: 0.0007), the exchange rate shifted by +0.0000 (+5.81%).

2023 Avg (January) 0.0008
2022 Avg (January) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0007 0.0008
February 0.0008 0.0007 0.0008
March 0.0008 0.0007 0.0008
April 0.0007 0.0007 0.0007
May 0.0007 0.0007 0.0007
June 0.0007 0.0007 0.0007
July 0.0007 0.0007 0.0007
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0006 0.0007
December 0.0006 0.0006 0.0006