2023 RWF to SEK Historical Review

YEARLY HIGH

0.0100 SEK

YEARLY LOW

0.0079 SEK

YEARLY AVERAGE

0.0092 SEK

2023 RWF to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0100. Conversely, the yearly low was recorded on December 27, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0021 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0082, the exchange rate registered a net change of -15.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0100 was down 8.01% compared to the 2022 peak of 0.0109, 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 50 SEK

2022 Average 49 SEK

Yearly Trough Low 39 SEK

Transaction Impact: A difference of 10.48 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0098

0.0080

JanuMarcMayJulySeptNove

RWF to SEK 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 0.0095, compared to 0.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0095

H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0007 SEK (High: 0.0090 / Low: 0.0083). On the other end, February was the most stable month, with a tight range of 0.0003 SEK (High: 0.0098 / Low: 0.0095).

November Spread (Volatile) ±0.0007

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0097) against the same month in 2022 (average: 0.0089), the exchange rate shifted by +0.0008 (+8.50%).

2023 Avg (January) 0.0097

2022 Avg (January) 0.0089

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0100	0.0094	0.0097
February	0.0098	0.0095	0.0096
March	0.0099	0.0093	0.0096
April	0.0095	0.0090	0.0093
May	0.0096	0.0091	0.0093
June	0.0096	0.0091	0.0094
July	0.0094	0.0087	0.0090
August	0.0093	0.0090	0.0092
September	0.0093	0.0089	0.0092
October	0.0092	0.0089	0.0090
November	0.0090	0.0083	0.0087
December	0.0084	0.0079	0.0082