YEARLY HIGH
0.1060 XPF
YEARLY LOW
0.0853 XPF
YEARLY AVERAGE
0.0955 XPF

2023 RWF to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1060. Conversely, the yearly low was recorded on December 27, dropping to 0.0853.

This high-to-low spread represents a total annual volatility of 0.0207 XPF. From a start-to-finish perspective, comparing the January average rate of 0.1029 to the December average rate of 0.0871, the exchange rate registered a net change of -15.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1060 was down 10.46% compared to the 2022 peak of 0.1184, 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 530 XPF
2022 Average 548 XPF
Yearly Trough Low 426 XPF
Transaction Impact: A difference of 103.69 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1045
0.0855
JanuMarcMayJulySeptNove

RWF to XPF 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 0.0999, compared to 0.0911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.0999
H2 Avg (Jul–Dec) 0.0911

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0056 XPF (High: 0.0986 / Low: 0.0930). On the other end, September was the most stable month, with a tight range of 0.0014 XPF (High: 0.0936 / Low: 0.0922).

June Spread (Volatile) ±0.0056
September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1029) against the same month in 2022 (average: 0.1026), the exchange rate shifted by +0.0003 (+0.30%).

2023 Avg (January) 0.1029
2022 Avg (January) 0.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1060 0.1012 0.1029
February 0.1039 0.1002 0.1026
March 0.1037 0.0990 0.1018
April 0.0996 0.0951 0.0979
May 0.0990 0.0952 0.0978
June 0.0986 0.0930 0.0962
July 0.0949 0.0909 0.0924
August 0.0932 0.0915 0.0925
September 0.0936 0.0922 0.0929
October 0.0939 0.0912 0.0924
November 0.0911 0.0872 0.0894
December 0.0888 0.0853 0.0871