2023 BBD to RWF Historical Review

YEARLY HIGH

631.2500 RWF

YEARLY LOW

534.3581 RWF

YEARLY AVERAGE

578.9964 RWF

2023 BBD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 631.2500. Conversely, the yearly low was recorded on January 2, dropping to 534.3581.

This high-to-low spread represents a total annual volatility of 96.8919 RWF. From a start-to-finish perspective, comparing the January average rate of 537.3614 to the December average rate of 626.9886, the exchange rate registered a net change of 16.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 631.2500 was up 16.26% compared to the 2022 peak of 542.9585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,156,250 RWF

2022 Average 2,590,102 RWF

Yearly Trough Low 2,671,791 RWF

Transaction Impact: A difference of 484,459.46 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

635.9514

528.3987

JanuMarcMayJulySeptNove

BBD 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 552.5924, compared to 605.4004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.8080 points.

H1 Avg (Jan–Jun) 552.5924

H2 Avg (Jul–Dec) 605.4004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 24.5700 RWF (High: 588.7878 / Low: 564.2178). On the other end, February was the most stable month, with a tight range of 6.0328 RWF (High: 546.3260 / Low: 540.2933).

June Spread (Volatile) ±24.5700

February Spread (Stable) ±6.0328

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: 626.9886) against the same month in 2022 (average: 535.3461), the exchange rate shifted by +91.6426 (+17.12%).

2023 Avg (December) 626.9886

2022 Avg (December) 535.3461

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	541.2500	534.3581	537.3614
February	546.3260	540.2933	543.2273
March	555.9885	539.6323	546.9629
April	567.2601	549.0181	554.8028
May	566.7500	556.6153	560.9629
June	588.7878	564.2178	572.2368
July	593.8300	576.0955	584.0879
August	596.6392	584.3203	591.4360
September	611.8179	595.0206	601.6855
October	617.3483	605.3112	611.0245
November	623.4779	610.2050	617.1798
December	631.2500	621.6430	626.9886