2023 XPF to RWF Historical Review

YEARLY HIGH

11.7272 RWF

YEARLY LOW

9.4331 RWF

YEARLY AVERAGE

10.5027 RWF

2023 XPF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 11.7272. Conversely, the yearly low was recorded on January 5, dropping to 9.4331.

This high-to-low spread represents a total annual volatility of 2.2941 RWF. From a start-to-finish perspective, comparing the January average rate of 9.7161 to the December average rate of 11.4791, the exchange rate registered a net change of 18.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.7272 was up 17.63% compared to the 2022 peak of 9.9693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,636 RWF

2022 Average 45,730 RWF

Yearly Trough Low 47,165 RWF

Transaction Impact: A difference of 11,470.75 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.6553

9.5398

JanuMarcMayJulySeptNove

XPF 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 10.0219, compared to 10.9835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9616 points.

H1 Avg (Jan–Jun) 10.0219

H2 Avg (Jul–Dec) 10.9835

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6077 RWF (High: 10.7542 / Low: 10.1466). On the other end, September was the most stable month, with a tight range of 0.1647 RWF (High: 10.8491 / Low: 10.6844).

June Spread (Volatile) ±0.6077

September Spread (Stable) ±0.1647

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 August and September, when the average rate fell by 0.0462 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11.4791) against the same month in 2022 (average: 9.5067), the exchange rate shifted by +1.9724 (+20.75%).

2023 Avg (December) 11.4791

2022 Avg (December) 9.5067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.8782	9.4331	9.7161
February	9.9803	9.6262	9.7440
March	10.1000	9.6399	9.8230
April	10.5126	10.0384	10.2183
May	10.5078	10.1048	10.2289
June	10.7542	10.1466	10.4012
July	11.0060	10.5345	10.8258
August	10.9292	10.7340	10.8143
September	10.8491	10.6844	10.7682
October	10.9605	10.6498	10.8202
November	11.4624	10.9751	11.1935
December	11.7272	11.2614	11.4791