YEARLY HIGH
0.7218 RWF
YEARLY LOW
0.0705 RWF
YEARLY AVERAGE
0.1396 RWF

2023 LBP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.7218. Conversely, the yearly low was recorded on February 6, dropping to 0.0705.

This high-to-low spread represents a total annual volatility of 0.6513 RWF. From a start-to-finish perspective, comparing the January average rate of 0.7090 to the December average rate of 0.0833, the exchange rate registered a net change of -88.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7218 was up 0.77% compared to the 2022 peak of 0.7163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,609 RWF
2022 Average 3,418 RWF
Yearly Trough Low 353 RWF
Transaction Impact: A difference of 3,256.47 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7726
0.0089
JanuMarcMayJulySeptNove

LBP 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 0.1987, compared to 0.0805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1182 points.

H1 Avg (Jan–Jun) 0.1987
H2 Avg (Jul–Dec) 0.0805

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6513 RWF (High: 0.7218 / Low: 0.0705). On the other end, November was the most stable month, with a tight range of 0.0012 RWF (High: 0.0829 / Low: 0.0817).

February Spread (Volatile) ±0.6513
November Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5218 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.5218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1871) against the same month in 2022 (average: 0.6777), the exchange rate shifted by -0.4906 (-72.39%).

2023 Avg (February) 0.1871
2022 Avg (February) 0.6777

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7147 0.7006 0.7090
February 0.7218 0.0705 0.1871
March 0.0739 0.0715 0.0726
April 0.0758 0.0725 0.0735
May 0.0756 0.0731 0.0744
June 0.0780 0.0742 0.0757
July 0.0791 0.0758 0.0775
August 0.0794 0.0773 0.0785
September 0.0812 0.0790 0.0799
October 0.0822 0.0807 0.0814
November 0.0829 0.0817 0.0823
December 0.0838 0.0825 0.0833