YEARLY HIGH
0.0078 SBD
YEARLY LOW
0.0067 SBD
YEARLY AVERAGE
0.0072 SBD

2023 RWF to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0078. Conversely, the yearly low was recorded on December 28, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0011 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0067, the exchange rate registered a net change of -12.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0078 was down 3.38% compared to the 2022 peak of 0.0080, 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 39 SBD
2022 Average 39 SBD
Yearly Trough Low 33 SBD
Transaction Impact: A difference of 5.42 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0078
0.0067
JanuMarcMayJulySeptNove

RWF to SBD 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 0.0075, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0075
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0003 SBD (High: 0.0074 / Low: 0.0071). On the other end, May was the most stable month, with a tight range of 0.0001 SBD (High: 0.0075 / Low: 0.0074).

June Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0077) against the same month in 2022 (average: 0.0079), the exchange rate shifted by -0.0002 (-2.19%).

2023 Avg (January) 0.0077
2022 Avg (January) 0.0079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0076 0.0077
February 0.0076 0.0075 0.0076
March 0.0076 0.0074 0.0075
April 0.0076 0.0073 0.0075
May 0.0075 0.0074 0.0074
June 0.0074 0.0071 0.0073
July 0.0073 0.0070 0.0072
August 0.0072 0.0070 0.0071
September 0.0070 0.0069 0.0070
October 0.0070 0.0068 0.0069
November 0.0069 0.0068 0.0068
December 0.0068 0.0067 0.0067