YEARLY HIGH
0.4374 KMF
YEARLY LOW
0.3521 KMF
YEARLY AVERAGE
0.3944 KMF

2023 RWF to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4374. Conversely, the yearly low was recorded on December 27, dropping to 0.3521.

This high-to-low spread represents a total annual volatility of 0.0853 KMF. From a start-to-finish perspective, comparing the January average rate of 0.4253 to the December average rate of 0.3598, the exchange rate registered a net change of -15.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4374 was down 10.56% compared to the 2022 peak of 0.4891, 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 2,187 KMF
2022 Average 2,256 KMF
Yearly Trough Low 1,760 KMF
Transaction Impact: A difference of 426.73 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4318
0.3532
JanuMarcMayJulySeptNove

RWF to KMF 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 0.4127, compared to 0.3762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 0.4127
H2 Avg (Jul–Dec) 0.3762

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0258 KMF (High: 0.4088 / Low: 0.3830). On the other end, September was the most stable month, with a tight range of 0.0050 KMF (High: 0.3858 / Low: 0.3808).

June Spread (Volatile) ±0.0258
September Spread (Stable) ±0.0050

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 0.0165 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4253) against the same month in 2022 (average: 0.4232), the exchange rate shifted by +0.0021 (+0.49%).

2023 Avg (January) 0.4253
2022 Avg (January) 0.4232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4374 0.4173 0.4253
February 0.4290 0.4144 0.4235
March 0.4288 0.4080 0.4211
April 0.4110 0.3937 0.4046
May 0.4091 0.3996 0.4040
June 0.4088 0.3830 0.3975
July 0.3919 0.3738 0.3814
August 0.3849 0.3772 0.3817
September 0.3858 0.3808 0.3830
October 0.3879 0.3768 0.3815
November 0.3796 0.3603 0.3697
December 0.3666 0.3521 0.3598