2023 SLL to RWF Historical Review

YEARLY HIGH

0.0667 RWF

YEARLY LOW

0.0557 RWF

YEARLY AVERAGE

0.0609 RWF

2023 SLL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 0.0667. Conversely, the yearly low was recorded on August 5, dropping to 0.0557.

This high-to-low spread represents a total annual volatility of 0.0109 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0608 to the December average rate of 0.0598, the exchange rate registered a net change of -1.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0667 was down 27.15% compared to the 2022 peak of 0.0915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SLL based on timing:

Yearly Peak High 333 RWF

2022 Average 385 RWF

Yearly Trough Low 279 RWF

Transaction Impact: A difference of 54.66 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0656

0.0556

JanuMarcMayJulySeptNove

SLL to RWF 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 0.0626, compared to 0.0593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0626

H2 Avg (Jul–Dec) 0.0593

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0104 RWF (High: 0.0665 / Low: 0.0561). On the other end, February was the most stable month, with a tight range of 0.0007 RWF (High: 0.0619 / Low: 0.0612).

July Spread (Volatile) ±0.0104

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0084 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0648) against the same month in 2022 (average: 0.0784), the exchange rate shifted by -0.0136 (-17.37%).

2023 Avg (June) 0.0648

2022 Avg (June) 0.0784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0613	0.0605	0.0608
February	0.0619	0.0612	0.0615
March	0.0629	0.0611	0.0619
April	0.0642	0.0622	0.0628
May	0.0642	0.0630	0.0635
June	0.0667	0.0639	0.0648
July	0.0665	0.0561	0.0648
August	0.0569	0.0557	0.0564
September	0.0584	0.0568	0.0574
October	0.0589	0.0577	0.0583
November	0.0595	0.0582	0.0589
December	0.0602	0.0593	0.0598