YEARLY HIGH
0.0025 XCD
YEARLY LOW
0.0021 XCD
YEARLY AVERAGE
0.0023 XCD

2023 RWF to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0025. Conversely, the yearly low was recorded on December 28, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0004 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0022, the exchange rate registered a net change of -14.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0025 was down 5.85% compared to the 2022 peak of 0.0027, 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 13 XCD
2022 Average 13 XCD
Yearly Trough Low 11 XCD
Transaction Impact: A difference of 1.94 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0026
0.0021
JanuMarcMayJulySeptNove

RWF to XCD 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 0.0024, compared to 0.0022 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) 0.0024
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0001 XCD (High: 0.0024 / Low: 0.0023). On the other end, February was the most stable month, with a tight range of 0.0000 XCD (High: 0.0025 / Low: 0.0025).

June Spread (Volatile) ±0.0001
February 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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0025) against the same month in 2022 (average: 0.0026), the exchange rate shifted by -0.0001 (-4.43%).

2023 Avg (January) 0.0025
2022 Avg (January) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0025 0.0025
February 0.0025 0.0025 0.0025
March 0.0025 0.0024 0.0025
April 0.0025 0.0024 0.0024
May 0.0024 0.0024 0.0024
June 0.0024 0.0023 0.0024
July 0.0023 0.0023 0.0023
August 0.0023 0.0023 0.0023
September 0.0023 0.0022 0.0022
October 0.0022 0.0022 0.0022
November 0.0022 0.0022 0.0022
December 0.0022 0.0021 0.0022