YEARLY HIGH
32.3399 RWF
YEARLY LOW
26.8367 RWF
YEARLY AVERAGE
29.8372 RWF

2023 UYU to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 32.3399. Conversely, the yearly low was recorded on January 5, dropping to 26.8367.

This high-to-low spread represents a total annual volatility of 5.5032 RWF. From a start-to-finish perspective, comparing the January average rate of 27.2246 to the December average rate of 31.9292, the exchange rate registered a net change of 17.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.3399 was up 16.27% compared to the 2022 peak of 27.8148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,699 RWF
2022 Average 125,984 RWF
Yearly Trough Low 134,184 RWF
Transaction Impact: A difference of 27,515.83 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.3997
26.7542
JanuMarcMayJulySeptNove

UYU 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 28.3984, compared to 31.2760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8776 points.

H1 Avg (Jan–Jun) 28.3984
H2 Avg (Jul–Dec) 31.2760

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 2.2920 RWF (High: 31.3254 / Low: 29.0334). On the other end, September was the most stable month, with a tight range of 0.5751 RWF (High: 31.8840 / Low: 31.3089).

June Spread (Volatile) ±2.2920
September Spread (Stable) ±0.5751

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7885 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.7885

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 31.9292) against the same month in 2022 (average: 27.4623), the exchange rate shifted by +4.4669 (+16.27%).

2023 Avg (December) 31.9292
2022 Avg (December) 27.4623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.9746 26.8367 27.2246
February 28.1296 27.3020 27.8043
March 28.6621 27.5809 27.9828
April 29.1898 28.4266 28.6202
May 29.1602 28.5738 28.8571
June 31.3254 29.0334 29.9014
July 31.5602 30.4349 30.8732
August 31.5779 30.5632 31.2452
September 31.8840 31.3089 31.6380
October 31.7163 30.4962 30.8495
November 31.7634 30.6816 31.1209
December 32.3399 31.3802 31.9292