YEARLY HIGH
0.1596 LRD
YEARLY LOW
0.1399 LRD
YEARLY AVERAGE
0.1506 LRD

2023 RWF to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.1596. Conversely, the yearly low was recorded on March 26, dropping to 0.1399.

This high-to-low spread represents a total annual volatility of 0.0197 LRD. From a start-to-finish perspective, comparing the January average rate of 0.1446 to the December average rate of 0.1501, the exchange rate registered a net change of 3.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1596 was up 4.14% compared to the 2022 peak of 0.1533, 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 798 LRD
2022 Average 738 LRD
Yearly Trough Low 700 LRD
Transaction Impact: A difference of 98.38 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1589
0.1427
JanuMarcMayJulySeptNove

RWF to LRD 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 0.1471, compared to 0.1541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.1471
H2 Avg (Jul–Dec) 0.1541

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0093 LRD (High: 0.1492 / Low: 0.1399). On the other end, May was the most stable month, with a tight range of 0.0021 LRD (High: 0.1500 / Low: 0.1479).

March Spread (Volatile) ±0.0093
May Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0027 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1575) against the same month in 2022 (average: 0.1487), the exchange rate shifted by +0.0088 (+5.92%).

2023 Avg (August) 0.1575
2022 Avg (August) 0.1487

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1454 0.1430 0.1446
February 0.1459 0.1407 0.1440
March 0.1492 0.1399 0.1458
April 0.1488 0.1439 0.1470
May 0.1500 0.1479 0.1488
June 0.1551 0.1495 0.1526
July 0.1584 0.1546 0.1573
August 0.1596 0.1559 0.1575
September 0.1563 0.1525 0.1549
October 0.1543 0.1511 0.1529
November 0.1537 0.1506 0.1522
December 0.1513 0.1491 0.1501