YEARLY HIGH
0.0521 RWF
YEARLY LOW
0.0452 RWF
YEARLY AVERAGE
0.0486 RWF

2023 VND to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0521. Conversely, the yearly low was recorded on January 2, dropping to 0.0452.

This high-to-low spread represents a total annual volatility of 0.0068 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0458 to the December average rate of 0.0516, the exchange rate registered a net change of 12.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0521 was up 13.20% compared to the 2022 peak of 0.0460, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 520,592 RWF
2022 Average 442,754 RWF
Yearly Trough Low 452,173 RWF
Transaction Impact: A difference of 68,418.26 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0522
0.0452
JanuMarcMayJulySeptNove

VND 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 0.0470, compared to 0.0501 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) 0.0470
H2 Avg (Jul–Dec) 0.0501

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0019 RWF (High: 0.0500 / Low: 0.0480). On the other end, August was the most stable month, with a tight range of 0.0006 RWF (High: 0.0499 / Low: 0.0492).

June Spread (Volatile) ±0.0019
August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0516) against the same month in 2022 (average: 0.0450), the exchange rate shifted by +0.0066 (+14.72%).

2023 Avg (December) 0.0516
2022 Avg (December) 0.0450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0461 0.0452 0.0458
February 0.0466 0.0454 0.0459
March 0.0473 0.0457 0.0463
April 0.0483 0.0468 0.0473
May 0.0484 0.0474 0.0478
June 0.0500 0.0480 0.0487
July 0.0501 0.0488 0.0494
August 0.0499 0.0492 0.0496
September 0.0503 0.0492 0.0497
October 0.0506 0.0496 0.0499
November 0.0513 0.0497 0.0507
December 0.0521 0.0512 0.0516