2023 RWF to PEN Historical Review

YEARLY HIGH

0.0036 PEN

YEARLY LOW

0.0029 PEN

YEARLY AVERAGE

0.0032 PEN

2023 RWF to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0036. Conversely, the yearly low was recorded on December 26, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0007 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0030, the exchange rate registered a net change of -16.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0036 was down 8.20% compared to the 2022 peak of 0.0039, 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 18 PEN

2022 Average 19 PEN

Yearly Trough Low 15 PEN

Transaction Impact: A difference of 3.40 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0036

0.0029

JanuMarcMayJulySeptNove

RWF to PEN 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 0.0034, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0034

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0002 PEN (High: 0.0033 / Low: 0.0031). On the other end, September was the most stable month, with a tight range of 0.0000 PEN (High: 0.0031 / Low: 0.0031).

June Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0036) against the same month in 2022 (average: 0.0038), the exchange rate shifted by -0.0002 (-6.16%).

2023 Avg (January) 0.0036

2022 Avg (January) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0035	0.0036
February	0.0036	0.0035	0.0035
March	0.0035	0.0034	0.0035
April	0.0034	0.0033	0.0034
May	0.0033	0.0032	0.0033
June	0.0033	0.0031	0.0032
July	0.0031	0.0030	0.0031
August	0.0031	0.0031	0.0031
September	0.0031	0.0031	0.0031
October	0.0032	0.0031	0.0031
November	0.0031	0.0030	0.0031
December	0.0030	0.0029	0.0030