2023 RWF to SRD Historical Review

YEARLY HIGH

0.0338 SRD

YEARLY LOW

0.0291 SRD

YEARLY AVERAGE

0.0316 SRD

2023 RWF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0338. Conversely, the yearly low was recorded on December 31, dropping to 0.0291.

This high-to-low spread represents a total annual volatility of 0.0047 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0298, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0338 was up 12.33% compared to the 2022 peak of 0.0301, 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 169 SRD

2022 Average 117 SRD

Yearly Trough Low 146 SRD

Transaction Impact: A difference of 23.54 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0337

0.0292

JanuMarcMayJulySeptNove

RWF to SRD 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 0.0318, compared to 0.0314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0019 SRD (High: 0.0326 / Low: 0.0307). On the other end, August was the most stable month, with a tight range of 0.0007 SRD (High: 0.0328 / Low: 0.0321).

March Spread (Volatile) ±0.0019

August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0333) against the same month in 2022 (average: 0.0205), the exchange rate shifted by +0.0128 (+62.44%).

2023 Avg (May) 0.0333

2022 Avg (May) 0.0205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0302	0.0294	0.0296
February	0.0311	0.0294	0.0302
March	0.0326	0.0307	0.0316
April	0.0337	0.0320	0.0331
May	0.0338	0.0329	0.0333
June	0.0335	0.0320	0.0329
July	0.0330	0.0319	0.0325
August	0.0328	0.0321	0.0324
September	0.0323	0.0313	0.0318
October	0.0315	0.0308	0.0312
November	0.0313	0.0304	0.0308
December	0.0304	0.0291	0.0298