2023 BMD to RWF Historical Review

YEARLY HIGH

1262.5000 RWF

YEARLY LOW

1068.7162 RWF

YEARLY AVERAGE

1157.9927 RWF

2023 BMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1262.5000. Conversely, the yearly low was recorded on January 2, dropping to 1068.7162.

This high-to-low spread represents a total annual volatility of 193.7838 RWF. From a start-to-finish perspective, comparing the January average rate of 1074.7228 to the December average rate of 1253.9773, 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 1262.5000 was up 16.26% compared to the 2022 peak of 1085.9169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,312,500 RWF

2022 Average 5,180,204 RWF

Yearly Trough Low 5,343,581 RWF

Transaction Impact: A difference of 968,918.92 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1271.9027

1056.7973

JanuMarcMayJulySeptNove

BMD 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 1105.1847, compared to 1210.8008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 105.6160 points.

H1 Avg (Jan–Jun) 1105.1847

H2 Avg (Jul–Dec) 1210.8008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 49.1400 RWF (High: 1177.5757 / Low: 1128.4356). On the other end, February was the most stable month, with a tight range of 12.0656 RWF (High: 1092.6521 / Low: 1080.5865).

June Spread (Volatile) ±49.1400

February Spread (Stable) ±12.0656

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: 1253.9773) against the same month in 2022 (average: 1070.6921), the exchange rate shifted by +183.2851 (+17.12%).

2023 Avg (December) 1253.9773

2022 Avg (December) 1070.6921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1082.5000	1068.7162	1074.7228
February	1092.6521	1080.5865	1086.4547
March	1111.9769	1079.2646	1093.9259
April	1134.5202	1098.0362	1109.6057
May	1133.5000	1113.2305	1121.9258
June	1177.5757	1128.4356	1144.4736
July	1187.6599	1152.1909	1168.1758
August	1193.2785	1168.6406	1182.8720
September	1223.6358	1190.0413	1203.3710
October	1234.6967	1210.6223	1222.0490
November	1246.9559	1220.4101	1234.3596
December	1262.5000	1243.2861	1253.9773