2023 RWF to YER Historical Review

YEARLY HIGH

0.2342 YER

YEARLY LOW

0.1982 YER

YEARLY AVERAGE

0.2167 YER

2023 RWF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2342. Conversely, the yearly low was recorded on December 28, dropping to 0.1982.

This high-to-low spread represents a total annual volatility of 0.0360 YER. From a start-to-finish perspective, comparing the January average rate of 0.2329 to the December average rate of 0.1996, the exchange rate registered a net change of -14.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2342 was down 5.83% compared to the 2022 peak of 0.2487, 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 1,171 YER

2022 Average 1,208 YER

Yearly Trough Low 991 YER

Transaction Impact: A difference of 179.94 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2363

0.1962

JanuMarcMayJulySeptNove

RWF to YER 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 0.2266, compared to 0.2069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.2266

H2 Avg (Jul–Dec) 0.2069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0093 YER (High: 0.2219 / Low: 0.2126). On the other end, February was the most stable month, with a tight range of 0.0027 YER (High: 0.2317 / Low: 0.2290).

June Spread (Volatile) ±0.0093

February Spread (Stable) ±0.0027

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 0.0045 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2329) against the same month in 2022 (average: 0.2437), the exchange rate shifted by -0.0107 (-4.40%).

2023 Avg (January) 0.2329

2022 Avg (January) 0.2437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2342	0.2313	0.2329
February	0.2317	0.2290	0.2304
March	0.2319	0.2251	0.2288
April	0.2280	0.2206	0.2256
May	0.2248	0.2208	0.2231
June	0.2219	0.2126	0.2188
July	0.2173	0.2108	0.2143
August	0.2142	0.2097	0.2116
September	0.2103	0.2046	0.2080
October	0.2068	0.2028	0.2049
November	0.2051	0.2007	0.2028
December	0.2014	0.1982	0.1996