2023 RWF to NPR Historical Review

YEARLY HIGH

0.1241 NPR

YEARLY LOW

0.1057 NPR

YEARLY AVERAGE

0.1143 NPR

2023 RWF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1241. Conversely, the yearly low was recorded on December 31, dropping to 0.1057.

This high-to-low spread represents a total annual volatility of 0.0184 NPR. From a start-to-finish perspective, comparing the January average rate of 0.1218 to the December average rate of 0.1063, the exchange rate registered a net change of -12.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1241 was down 2.00% compared to the 2022 peak of 0.1266, 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 620 NPR

2022 Average 607 NPR

Yearly Trough Low 529 NPR

Transaction Impact: A difference of 91.80 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1234

0.1048

JanuMarcMayJulySeptNove

RWF to NPR 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 0.1190, compared to 0.1096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.1190

H2 Avg (Jul–Dec) 0.1096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0058 NPR (High: 0.1172 / Low: 0.1114). On the other end, May was the most stable month, with a tight range of 0.0012 NPR (High: 0.1179 / Low: 0.1167).

June Spread (Volatile) ±0.0058

May Spread (Stable) ±0.0012

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 0.0025 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1218) against the same month in 2022 (average: 0.1159), the exchange rate shifted by +0.0059 (+5.08%).

2023 Avg (January) 0.1218

2022 Avg (January) 0.1159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1241	0.1205	0.1218
February	0.1221	0.1207	0.1216
March	0.1211	0.1181	0.1202
April	0.1193	0.1152	0.1181
May	0.1179	0.1167	0.1173
June	0.1172	0.1114	0.1149
July	0.1139	0.1103	0.1125
August	0.1127	0.1110	0.1120
September	0.1117	0.1088	0.1104
October	0.1097	0.1077	0.1089
November	0.1086	0.1067	0.1078
December	0.1072	0.1057	0.1063