2023 RWF to RUB Historical Review

YEARLY HIGH

0.0848 RUB

YEARLY LOW

0.0616 RUB

YEARLY AVERAGE

0.0736 RUB

2023 RWF to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0848. Conversely, the yearly low was recorded on January 15, dropping to 0.0616.

This high-to-low spread represents a total annual volatility of 0.0231 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0651 to the December average rate of 0.0726, the exchange rate registered a net change of 11.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0848 was down 39.11% compared to the 2022 peak of 0.1392, 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 424 RUB

2022 Average 338 RUB

Yearly Trough Low 308 RUB

Transaction Impact: A difference of 115.54 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0826

0.0635

JanuMarcMayJulySeptNove

RWF to RUB 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 0.0698, compared to 0.0774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0698

H2 Avg (Jul–Dec) 0.0774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0077 RUB (High: 0.0833 / Low: 0.0757). On the other end, March was the most stable month, with a tight range of 0.0026 RUB (High: 0.0713 / Low: 0.0687).

October Spread (Volatile) ±0.0077

March Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0810) against the same month in 2022 (average: 0.0589), the exchange rate shifted by +0.0222 (+37.66%).

2023 Avg (August) 0.0810

2022 Avg (August) 0.0589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0686	0.0616	0.0651
February	0.0698	0.0643	0.0677
March	0.0713	0.0687	0.0698
April	0.0742	0.0699	0.0730
May	0.0721	0.0680	0.0706
June	0.0762	0.0702	0.0729
July	0.0790	0.0762	0.0776
August	0.0848	0.0785	0.0810
September	0.0822	0.0788	0.0804
October	0.0833	0.0757	0.0794
November	0.0756	0.0714	0.0734
December	0.0743	0.0701	0.0726