2023 RWF to HUF Historical Review

YEARLY HIGH

0.3548 HUF

YEARLY LOW

0.2732 HUF

YEARLY AVERAGE

0.3056 HUF

2023 RWF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3548. Conversely, the yearly low was recorded on December 27, dropping to 0.2732.

This high-to-low spread represents a total annual volatility of 0.0816 HUF. From a start-to-finish perspective, comparing the January average rate of 0.3406 to the December average rate of 0.2788, the exchange rate registered a net change of -18.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3548 was down 15.67% compared to the 2022 peak of 0.4208, 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 1,774 HUF

2022 Average 1,798 HUF

Yearly Trough Low 1,366 HUF

Transaction Impact: A difference of 408.11 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3468

0.2726

JanuMarcMayJulySeptNove

RWF to HUF 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 0.3189, compared to 0.2924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0265 points.

H1 Avg (Jan–Jun) 0.3189

H2 Avg (Jul–Dec) 0.2924

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0297 HUF (High: 0.3456 / Low: 0.3159). On the other end, May was the most stable month, with a tight range of 0.0099 HUF (High: 0.3106 / Low: 0.3007).

March Spread (Volatile) ±0.0297

May Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0201 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3406) against the same month in 2022 (average: 0.3088), the exchange rate shifted by +0.0318 (+10.30%).

2023 Avg (January) 0.3406

2022 Avg (January) 0.3088

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3548	0.3284	0.3406
February	0.3385	0.3239	0.3308
March	0.3456	0.3159	0.3288
April	0.3179	0.2998	0.3087
May	0.3106	0.3007	0.3055
June	0.3057	0.2876	0.2987
July	0.3042	0.2845	0.2937
August	0.3044	0.2911	0.2984
September	0.3070	0.2965	0.3009
October	0.3067	0.2923	0.2987
November	0.2927	0.2759	0.2839
December	0.2846	0.2732	0.2788