2023 RWF to SCR Historical Review

YEARLY HIGH

0.0131 SCR

YEARLY LOW

0.0102 SCR

YEARLY AVERAGE

0.0116 SCR

2023 RWF to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0131. Conversely, the yearly low was recorded on December 10, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0029 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0107, the exchange rate registered a net change of -14.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0131 was down 9.78% compared to the 2022 peak of 0.0146, 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 66 SCR

2022 Average 65 SCR

Yearly Trough Low 51 SCR

Transaction Impact: A difference of 14.50 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0128

0.0105

JanuMarcMayJulySeptNove

RWF to SCR 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 0.0123, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0013 SCR (High: 0.0124 / Low: 0.0111). On the other end, August was the most stable month, with a tight range of 0.0004 SCR (High: 0.0115 / Low: 0.0111).

June Spread (Volatile) ±0.0013

August Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0126) against the same month in 2022 (average: 0.0134), the exchange rate shifted by -0.0008 (-6.03%).

2023 Avg (January) 0.0126

2022 Avg (January) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0131	0.0121	0.0126
February	0.0131	0.0119	0.0125
March	0.0129	0.0118	0.0123
April	0.0127	0.0116	0.0122
May	0.0125	0.0117	0.0120
June	0.0124	0.0111	0.0120
July	0.0122	0.0111	0.0114
August	0.0115	0.0111	0.0113
September	0.0113	0.0106	0.0109
October	0.0113	0.0104	0.0109
November	0.0111	0.0105	0.0108
December	0.0111	0.0102	0.0107