2023 RWF to SDG Historical Review

YEARLY HIGH

0.5499 SDG

YEARLY LOW

0.4418 SDG

YEARLY AVERAGE

0.5160 SDG

2023 RWF to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.5499. Conversely, the yearly low was recorded on November 20, dropping to 0.4418.

This high-to-low spread represents a total annual volatility of 0.1081 SDG. From a start-to-finish perspective, comparing the January average rate of 0.5367 to the December average rate of 0.4793, the exchange rate registered a net change of -10.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5499 was down 2.83% compared to the 2022 peak of 0.5660, 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 2,750 SDG

2022 Average 2,405 SDG

Yearly Trough Low 2,209 SDG

Transaction Impact: A difference of 540.37 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5451

0.4733

JanuMarcMayJulySeptNove

RWF to SDG 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 0.5357, compared to 0.4964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0392 points.

H1 Avg (Jan–Jun) 0.5357

H2 Avg (Jul–Dec) 0.4964

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0494 SDG (High: 0.4912 / Low: 0.4418). On the other end, February was the most stable month, with a tight range of 0.0069 SDG (High: 0.5418 / Low: 0.5349).

November Spread (Volatile) ±0.0494

February Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0108 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.5391) against the same month in 2022 (average: 0.4381), the exchange rate shifted by +0.1010 (+23.05%).

2023 Avg (March) 0.5391

2022 Avg (March) 0.4381

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5437	0.5291	0.5367
February	0.5418	0.5349	0.5390
March	0.5499	0.5176	0.5391
April	0.5451	0.5143	0.5389
May	0.5382	0.5302	0.5349
June	0.5326	0.5108	0.5254
July	0.5220	0.5065	0.5146
August	0.5147	0.5041	0.5084
September	0.5054	0.4916	0.4997
October	0.4969	0.4864	0.4917
November	0.4912	0.4418	0.4850
December	0.4834	0.4760	0.4793