2023 RWF to MVR Historical Review

YEARLY HIGH

0.0144 MVR

YEARLY LOW

0.0122 MVR

YEARLY AVERAGE

0.0133 MVR

2023 RWF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0144. Conversely, the yearly low was recorded on December 10, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0022 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0143 to the December average rate of 0.0123, the exchange rate registered a net change of -14.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0144 was down 6.16% compared to the 2022 peak of 0.0154, 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 72 MVR

2022 Average 74 MVR

Yearly Trough Low 61 MVR

Transaction Impact: A difference of 11.16 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0145

0.0121

JanuMarcMayJulySeptNove

RWF to MVR 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 0.0139, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0139

H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0006 MVR (High: 0.0136 / Low: 0.0130). On the other end, February was the most stable month, with a tight range of 0.0002 MVR (High: 0.0142 / Low: 0.0140).

June Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0143) against the same month in 2022 (average: 0.0150), the exchange rate shifted by -0.0007 (-4.83%).

2023 Avg (January) 0.0143

2022 Avg (January) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0144	0.0142	0.0143
February	0.0142	0.0140	0.0141
March	0.0143	0.0139	0.0141
April	0.0140	0.0135	0.0138
May	0.0138	0.0135	0.0137
June	0.0136	0.0130	0.0134
July	0.0133	0.0129	0.0132
August	0.0131	0.0129	0.0130
September	0.0129	0.0126	0.0128
October	0.0127	0.0125	0.0126
November	0.0127	0.0123	0.0124
December	0.0124	0.0122	0.0123