2023 BZD to RWF Historical Review

YEARLY HIGH

625.0194 RWF

YEARLY LOW

530.1427 RWF

YEARLY AVERAGE

574.7832 RWF

2023 BZD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 625.0194. Conversely, the yearly low was recorded on January 2, dropping to 530.1427.

This high-to-low spread represents a total annual volatility of 94.8768 RWF. From a start-to-finish perspective, comparing the January average rate of 533.1710 to the December average rate of 621.4592, the exchange rate registered a net change of 16.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 625.0194 was up 16.00% compared to the 2022 peak of 538.8294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,125,097 RWF

2022 Average 2,570,131 RWF

Yearly Trough Low 2,650,713 RWF

Transaction Impact: A difference of 474,383.83 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

630.2880

524.3422

JanuMarcMayJulySeptNove

BZD 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 548.6582, compared to 600.9083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.2501 points.

H1 Avg (Jan–Jun) 548.6582

H2 Avg (Jul–Dec) 600.9083

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 24.2616 RWF (High: 584.2998 / Low: 560.0383). On the other end, February was the most stable month, with a tight range of 4.7573 RWF (High: 541.3072 / Low: 536.5499).

June Spread (Volatile) ±24.2616

February Spread (Stable) ±4.7573

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: 621.4592) against the same month in 2022 (average: 531.0405), the exchange rate shifted by +90.4186 (+17.03%).

2023 Avg (December) 621.4592

2022 Avg (December) 531.0405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	536.8862	530.1427	533.1710
February	541.3072	536.5499	538.9350
March	552.4788	540.6186	544.0577
April	564.5778	547.1801	551.0438
May	562.1123	553.0669	556.8655
June	584.2998	560.0383	567.8759
July	591.4986	572.9026	580.2278
August	591.5539	579.5951	586.8312
September	605.8427	590.3452	597.1334
October	612.6967	602.0007	606.6994
November	618.1691	608.2932	613.0986
December	625.0194	616.6338	621.4592