YEARLY HIGH
0.1958 GYD
YEARLY LOW
0.1662 GYD
YEARLY AVERAGE
0.1820 GYD

2023 RWF to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.1958. Conversely, the yearly low was recorded on December 27, dropping to 0.1662.

This high-to-low spread represents a total annual volatility of 0.0296 GYD. From a start-to-finish perspective, comparing the January average rate of 0.1951 to the December average rate of 0.1671, the exchange rate registered a net change of -14.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1958 was down 5.60% compared to the 2022 peak of 0.2074, 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 979 GYD
2022 Average 1,010 GYD
Yearly Trough Low 831 GYD
Transaction Impact: A difference of 148.18 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1979
0.1643
JanuMarcMayJulySeptNove

RWF to GYD 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 0.1909, compared to 0.1730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.1909
H2 Avg (Jul–Dec) 0.1730

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0078 GYD (High: 0.1874 / Low: 0.1796). On the other end, January was the most stable month, with a tight range of 0.0017 GYD (High: 0.1958 / Low: 0.1941).

June Spread (Volatile) ±0.0078
January Spread (Stable) ±0.0017

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 June and July, when the average rate fell by 0.0052 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1951) against the same month in 2022 (average: 0.2036), the exchange rate shifted by -0.0085 (-4.18%).

2023 Avg (January) 0.1951
2022 Avg (January) 0.2036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1958 0.1941 0.1951
February 0.1951 0.1934 0.1942
March 0.1936 0.1895 0.1926
April 0.1917 0.1858 0.1905
May 0.1897 0.1867 0.1884
June 0.1874 0.1796 0.1848
July 0.1827 0.1756 0.1796
August 0.1791 0.1756 0.1770
September 0.1758 0.1713 0.1738
October 0.1726 0.1695 0.1712
November 0.1715 0.1679 0.1694
December 0.1683 0.1662 0.1671