2023 RWF to KGS Historical Review

YEARLY HIGH

0.0810 KGS

YEARLY LOW

0.0705 KGS

YEARLY AVERAGE

0.0760 KGS

2023 RWF to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0810. Conversely, the yearly low was recorded on December 28, dropping to 0.0705.

This high-to-low spread represents a total annual volatility of 0.0105 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0796 to the December average rate of 0.0711, the exchange rate registered a net change of -10.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0810 was down 20.10% compared to the 2022 peak of 0.1014, 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 405 KGS

2022 Average 407 KGS

Yearly Trough Low 353 KGS

Transaction Impact: A difference of 52.28 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0809

0.0702

JanuMarcMayJulySeptNove

RWF to KGS 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 0.0788, compared to 0.0732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0788

H2 Avg (Jul–Dec) 0.0732

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0035 KGS (High: 0.0776 / Low: 0.0741). On the other end, December was the most stable month, with a tight range of 0.0012 KGS (High: 0.0717 / Low: 0.0705).

June Spread (Volatile) ±0.0035

December Spread (Stable) ±0.0012

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 May and June, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0799) against the same month in 2022 (average: 0.0963), the exchange rate shifted by -0.0164 (-17.02%).

2023 Avg (March) 0.0799

2022 Avg (March) 0.0963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0802	0.0784	0.0796
February	0.0809	0.0789	0.0800
March	0.0810	0.0786	0.0799
April	0.0796	0.0771	0.0788
May	0.0786	0.0772	0.0780
June	0.0776	0.0741	0.0764
July	0.0760	0.0738	0.0751
August	0.0752	0.0740	0.0745
September	0.0742	0.0725	0.0736
October	0.0733	0.0720	0.0729
November	0.0732	0.0715	0.0722
December	0.0717	0.0705	0.0711