2023 RWF to TJS Historical Review

YEARLY HIGH

0.0100 TJS

YEARLY LOW

0.0087 TJS

YEARLY AVERAGE

0.0093 TJS

2023 RWF to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0100. Conversely, the yearly low was recorded on December 27, dropping to 0.0087.

This high-to-low spread represents a total annual volatility of 0.0013 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0087, the exchange rate registered a net change of -8.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0100 was down 22.16% compared to the 2022 peak of 0.0129, 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 TJS

2022 Average 53 TJS

Yearly Trough Low 43 TJS

Transaction Impact: A difference of 6.74 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0099

0.0086

JanuMarcMayJulySeptNove

RWF to TJS 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 0.0096, compared to 0.0091 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) 0.0096

H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 TJS (High: 0.0100 / Low: 0.0092). On the other end, January was the most stable month, with a tight range of 0.0001 TJS (High: 0.0095 / Low: 0.0095).

March Spread (Volatile) ±0.0008

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0096) against the same month in 2022 (average: 0.0122), the exchange rate shifted by -0.0026 (-20.98%).

2023 Avg (March) 0.0096

2022 Avg (March) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0095	0.0095	0.0095
February	0.0099	0.0092	0.0096
March	0.0100	0.0092	0.0096
April	0.0099	0.0096	0.0098
May	0.0098	0.0097	0.0097
June	0.0097	0.0093	0.0095
July	0.0094	0.0092	0.0094
August	0.0094	0.0092	0.0093
September	0.0092	0.0090	0.0091
October	0.0091	0.0089	0.0090
November	0.0090	0.0088	0.0089
December	0.0088	0.0087	0.0087