2023 RWF to TND Historical Review

YEARLY HIGH

0.0029 TND

YEARLY LOW

0.0024 TND

YEARLY AVERAGE

0.0027 TND

2023 RWF to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0029. Conversely, the yearly low was recorded on December 28, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0005 TND. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0025, the exchange rate registered a net change of -14.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0029 was down 7.73% compared to the 2022 peak of 0.0032, 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 15 TND

2022 Average 15 TND

Yearly Trough Low 12 TND

Transaction Impact: A difference of 2.49 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0029

0.0024

JanuMarcMayJulySeptNove

RWF to TND 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 0.0028, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0028

H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 TND (High: 0.0029 / Low: 0.0027). On the other end, May was the most stable month, with a tight range of 0.0000 TND (High: 0.0028 / Low: 0.0027).

March Spread (Volatile) ±0.0002

May Spread (Stable) ±0.0000

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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0029) against the same month in 2022 (average: 0.0028), the exchange rate shifted by +0.0001 (+2.36%).

2023 Avg (January) 0.0029

2022 Avg (January) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0029	0.0028	0.0029
February	0.0029	0.0028	0.0029
March	0.0029	0.0027	0.0029
April	0.0028	0.0027	0.0028
May	0.0028	0.0027	0.0027
June	0.0027	0.0026	0.0027
July	0.0027	0.0026	0.0026
August	0.0026	0.0026	0.0026
September	0.0026	0.0026	0.0026
October	0.0026	0.0026	0.0026
November	0.0026	0.0025	0.0025
December	0.0025	0.0024	0.0025