2023 UZS to RWF Historical Review

YEARLY HIGH

0.1027 RWF

YEARLY LOW

0.0944 RWF

YEARLY AVERAGE

0.0986 RWF

2023 UZS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UZS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.1027. Conversely, the yearly low was recorded on January 16, dropping to 0.0944.

This high-to-low spread represents a total annual volatility of 0.0083 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0951 to the December average rate of 0.1015, the exchange rate registered a net change of 6.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1027 was up 6.18% compared to the 2022 peak of 0.0967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 513 RWF

2022 Average 469 RWF

Yearly Trough Low 472 RWF

Transaction Impact: A difference of 41.41 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1021

0.0944

JanuMarcMayJulySeptNove

UZS 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 0.0970, compared to 0.1002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0970

H2 Avg (Jul–Dec) 0.1002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0036 RWF (High: 0.1024 / Low: 0.0988). On the other end, December was the most stable month, with a tight range of 0.0012 RWF (High: 0.1023 / Low: 0.1011).

June Spread (Volatile) ±0.0036

December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1009) against the same month in 2022 (average: 0.0943), the exchange rate shifted by +0.0067 (+7.07%).

2023 Avg (July) 0.1009

2022 Avg (July) 0.0943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0959	0.0944	0.0951
February	0.0964	0.0951	0.0958
March	0.0977	0.0955	0.0961
April	0.0996	0.0967	0.0973
May	0.0990	0.0973	0.0981
June	0.1024	0.0988	0.0998
July	0.1027	0.1002	0.1009
August	0.1011	0.0977	0.0993
September	0.1002	0.0981	0.0989
October	0.1014	0.0991	0.1000
November	0.1014	0.0999	0.1006
December	0.1023	0.1011	0.1015