2023 BRL to RWF Historical Review

YEARLY HIGH

261.6768 RWF

YEARLY LOW

195.1916 RWF

YEARLY AVERAGE

232.2380 RWF

2023 BRL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 261.6768. Conversely, the yearly low was recorded on January 3, dropping to 195.1916.

This high-to-low spread represents a total annual volatility of 66.4852 RWF. From a start-to-finish perspective, comparing the January average rate of 207.2410 to the December average rate of 256.0896, the exchange rate registered a net change of 23.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 261.6768 was up 16.95% compared to the 2022 peak of 223.7601, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 6,541,920 RWF

2022 Average 5,024,681 RWF

Yearly Trough Low 4,879,790 RWF

Transaction Impact: A difference of 1,662,129.74 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

260.9745

202.3561

JanuMarcMayJulySeptNove

BRL 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 218.2716, compared to 246.2044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.9328 points.

H1 Avg (Jan–Jun) 218.2716

H2 Avg (Jul–Dec) 246.2044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 21.6375 RWF (High: 246.6676 / Low: 225.0301). On the other end, November was the most stable month, with a tight range of 7.3367 RWF (High: 256.4381 / Low: 249.1014).

June Spread (Volatile) ±21.6375

November Spread (Stable) ±7.3367

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 July and August, when the average rate fell by 2.4536 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -2.4536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 256.0896) against the same month in 2022 (average: 204.0911), the exchange rate shifted by +51.9986 (+25.48%).

2023 Avg (December) 256.0896

2022 Avg (December) 204.0911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	213.4329	195.1916	207.2410
February	215.5923	204.3825	209.7776
March	218.9679	204.4294	209.9472
April	226.4904	217.1792	221.2817
May	229.4212	220.8878	225.4583
June	246.6676	225.0301	235.9237
July	251.3672	236.6039	243.4777
August	245.5142	237.4245	241.0241
September	247.6624	239.8887	243.3283
October	247.2629	234.3216	241.4269
November	256.4381	249.1014	251.8799
December	261.6768	251.4977	256.0896