2023 RWF to SOS Historical Review

YEARLY HIGH

0.5324 SOS

YEARLY LOW

0.4523 SOS

YEARLY AVERAGE

0.4929 SOS

2023 RWF to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.5324. Conversely, the yearly low was recorded on December 28, dropping to 0.4523.

This high-to-low spread represents a total annual volatility of 0.0801 SOS. From a start-to-finish perspective, comparing the January average rate of 0.5292 to the December average rate of 0.4560, the exchange rate registered a net change of -13.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5324 was down 7.79% compared to the 2022 peak of 0.5773, 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 2,662 SOS

2022 Average 2,778 SOS

Yearly Trough Low 2,261 SOS

Transaction Impact: A difference of 400.46 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5365

0.4486

JanuMarcMayJulySeptNove

RWF to SOS 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 0.5146, compared to 0.4712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0434 points.

H1 Avg (Jan–Jun) 0.5146

H2 Avg (Jul–Dec) 0.4712

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0210 SOS (High: 0.5045 / Low: 0.4836). On the other end, January was the most stable month, with a tight range of 0.0065 SOS (High: 0.5324 / Low: 0.5259).

June Spread (Volatile) ±0.0210

January Spread (Stable) ±0.0065

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 0.0101 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5292) against the same month in 2022 (average: 0.5664), the exchange rate shifted by -0.0372 (-6.57%).

2023 Avg (January) 0.5292

2022 Avg (January) 0.5664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5324	0.5259	0.5292
February	0.5300	0.5172	0.5234
March	0.5229	0.5112	0.5192
April	0.5156	0.4996	0.5120
May	0.5103	0.5020	0.5068
June	0.5045	0.4836	0.4970
July	0.4911	0.4784	0.4869
August	0.4851	0.4776	0.4812
September	0.4786	0.4673	0.4738
October	0.4708	0.4628	0.4672
November	0.4659	0.4584	0.4622
December	0.4598	0.4523	0.4560