2023 RWF to MYR Historical Review

YEARLY HIGH

0.0042 MYR

YEARLY LOW

0.0036 MYR

YEARLY AVERAGE

0.0039 MYR

2023 RWF to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0042. Conversely, the yearly low was recorded on December 30, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0005 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0037, the exchange rate registered a net change of -7.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0042 was down 8.18% compared to the 2022 peak of 0.0045, 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 21 MYR

2022 Average 21 MYR

Yearly Trough Low 18 MYR

Transaction Impact: A difference of 2.58 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0041

0.0037

JanuMarcMayJulySeptNove

RWF to MYR 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 0.0040, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0040

H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0002 MYR (High: 0.0041 / Low: 0.0038). On the other end, September was the most stable month, with a tight range of 0.0001 MYR (High: 0.0039 / Low: 0.0038).

July Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0041) against the same month in 2022 (average: 0.0041), the exchange rate shifted by -0.0000 (-0.73%).

2023 Avg (March) 0.0041

2022 Avg (March) 0.0041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0041	0.0039	0.0040
February	0.0041	0.0039	0.0040
March	0.0042	0.0040	0.0041
April	0.0040	0.0039	0.0040
May	0.0041	0.0040	0.0040
June	0.0041	0.0040	0.0040
July	0.0041	0.0038	0.0039
August	0.0039	0.0038	0.0039
September	0.0039	0.0038	0.0039
October	0.0039	0.0038	0.0039
November	0.0039	0.0037	0.0038
December	0.0038	0.0036	0.0037