2023 BDT to RWF Historical Review

YEARLY HIGH

11.4815 RWF

YEARLY LOW

9.9915 RWF

YEARLY AVERAGE

10.7142 RWF

2023 BDT to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 11.4815. Conversely, the yearly low was recorded on February 4, dropping to 9.9915.

This high-to-low spread represents a total annual volatility of 1.4900 RWF. From a start-to-finish perspective, comparing the January average rate of 10.2559 to the December average rate of 11.3980, the exchange rate registered a net change of 11.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.4815 was down 5.08% compared to the 2022 peak of 12.0958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,408 RWF

2022 Average 55,747 RWF

Yearly Trough Low 49,958 RWF

Transaction Impact: A difference of 7,449.97 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.5158

10.1021

JanuMarcMayJulySeptNove

BDT 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 10.3881, compared to 11.0402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6521 points.

H1 Avg (Jan–Jun) 10.3881

H2 Avg (Jul–Dec) 11.0402

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.4449 RWF (High: 10.7209 / Low: 10.2760). On the other end, November was the most stable month, with a tight range of 0.1741 RWF (High: 11.2826 / Low: 11.1085).

April Spread (Volatile) ±0.4449

November Spread (Stable) ±0.1741

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0360 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11.3980) against the same month in 2022 (average: 10.3166), the exchange rate shifted by +1.0814 (+10.48%).

2023 Avg (December) 11.3980

2022 Avg (December) 10.3166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4220	10.0384	10.2559
February	10.4282	9.9915	10.2199
March	10.4603	10.1846	10.3328
April	10.7209	10.2760	10.4549
May	10.5644	10.3371	10.4738
June	10.8868	10.4670	10.5915
July	10.9871	10.6873	10.7760
August	10.9144	10.7333	10.8251
September	11.0771	10.8424	10.9613
October	11.2018	11.0050	11.0922
November	11.2826	11.1085	11.1888
December	11.4815	11.2743	11.3980