YEARLY HIGH
0.0344 UAH
YEARLY LOW
0.0290 UAH
YEARLY AVERAGE
0.0319 UAH

2023 RWF to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0344. Conversely, the yearly low was recorded on November 24, dropping to 0.0290.

This high-to-low spread represents a total annual volatility of 0.0053 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0342 to the December average rate of 0.0297, the exchange rate registered a net change of -13.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0344 was down 4.34% compared to the 2022 peak of 0.0360, 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 172 UAH
2022 Average 157 UAH
Yearly Trough Low 145 UAH
Transaction Impact: A difference of 26.75 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0347
0.0288
JanuMarcMayJulySeptNove

RWF to UAH 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 0.0334, compared to 0.0304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0334
H2 Avg (Jul–Dec) 0.0304

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0014 UAH (High: 0.0327 / Low: 0.0314). On the other end, November was the most stable month, with a tight range of 0.0004 UAH (High: 0.0295 / Low: 0.0290).

June Spread (Volatile) ±0.0014
November Spread (Stable) ±0.0004

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 September and October, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0342) against the same month in 2022 (average: 0.0273), the exchange rate shifted by +0.0069 (+25.50%).

2023 Avg (January) 0.0342
2022 Avg (January) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0344 0.0340 0.0342
February 0.0341 0.0337 0.0339
March 0.0339 0.0331 0.0337
April 0.0334 0.0325 0.0332
May 0.0331 0.0326 0.0329
June 0.0327 0.0314 0.0323
July 0.0320 0.0310 0.0315
August 0.0316 0.0310 0.0312
September 0.0310 0.0302 0.0307
October 0.0303 0.0295 0.0299
November 0.0295 0.0290 0.0293
December 0.0303 0.0292 0.0297