2023 RWF to GEL Historical Review

YEARLY HIGH

0.0025 GEL

YEARLY LOW

0.0021 GEL

YEARLY AVERAGE

0.0023 GEL

2023 RWF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0025. Conversely, the yearly low was recorded on December 10, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0004 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0021, the exchange rate registered a net change of -13.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0025 was down 24.80% compared to the 2022 peak of 0.0034, 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 13 GEL

2022 Average 14 GEL

Yearly Trough Low 11 GEL

Transaction Impact: A difference of 2.06 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0025

0.0021

JanuMarcMayJulySeptNove

RWF to GEL 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 0.0023, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0023

H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0001 GEL (High: 0.0023 / Low: 0.0022). On the other end, August was the most stable month, with a tight range of 0.0000 GEL (High: 0.0022 / Low: 0.0022).

April Spread (Volatile) ±0.0001

August 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 March and April, 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: 0.0025) against the same month in 2022 (average: 0.0030), the exchange rate shifted by -0.0005 (-17.24%).

2023 Avg (January) 0.0025

2022 Avg (January) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0025	0.0024	0.0025
February	0.0025	0.0024	0.0024
March	0.0024	0.0023	0.0024
April	0.0023	0.0022	0.0023
May	0.0023	0.0022	0.0023
June	0.0023	0.0022	0.0023
July	0.0023	0.0022	0.0022
August	0.0022	0.0022	0.0022
September	0.0022	0.0022	0.0022
October	0.0022	0.0022	0.0022
November	0.0022	0.0022	0.0022
December	0.0022	0.0021	0.0021