2023 RWF to KPW Historical Review

YEARLY HIGH

0.8421 KPW

YEARLY LOW

0.7129 KPW

YEARLY AVERAGE

0.7793 KPW

2023 RWF to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.8421. Conversely, the yearly low was recorded on December 28, dropping to 0.7129.

This high-to-low spread represents a total annual volatility of 0.1293 KPW. From a start-to-finish perspective, comparing the January average rate of 0.8374 to the December average rate of 0.7177, the exchange rate registered a net change of -14.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8421 was down 5.85% compared to the 2022 peak of 0.8945, 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 4,211 KPW

2022 Average 4,345 KPW

Yearly Trough Low 3,564 KPW

Transaction Impact: A difference of 646.30 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8494

0.7058

JanuMarcMayJulySeptNove

RWF to KPW 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 0.8147, compared to 0.7438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0710 points.

H1 Avg (Jan–Jun) 0.8147

H2 Avg (Jul–Dec) 0.7438

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0333 KPW (High: 0.7976 / Low: 0.7643). On the other end, February was the most stable month, with a tight range of 0.0092 KPW (High: 0.8329 / Low: 0.8237).

June Spread (Volatile) ±0.0333

February Spread (Stable) ±0.0092

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 0.0160 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8374) against the same month in 2022 (average: 0.8763), the exchange rate shifted by -0.0388 (-4.43%).

2023 Avg (January) 0.8374

2022 Avg (January) 0.8763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8421	0.8314	0.8374
February	0.8329	0.8237	0.8284
March	0.8339	0.8094	0.8228
April	0.8196	0.7933	0.8111
May	0.8085	0.7940	0.8022
June	0.7976	0.7643	0.7865
July	0.7811	0.7578	0.7705
August	0.7701	0.7542	0.7609
September	0.7563	0.7355	0.7479
October	0.7434	0.7289	0.7365
November	0.7375	0.7218	0.7291
December	0.7239	0.7129	0.7177