YEARLY HIGH
15.1370 RWF
YEARLY LOW
12.8965 RWF
YEARLY AVERAGE
14.0250 RWF

2023 BTN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 15.1370. Conversely, the yearly low was recorded on January 3, dropping to 12.8965.

This high-to-low spread represents a total annual volatility of 2.2405 RWF. From a start-to-finish perspective, comparing the January average rate of 13.1355 to the December average rate of 15.0498, the exchange rate registered a net change of 14.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.1370 was up 7.65% compared to the 2022 peak of 14.0607, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,685 RWF
2022 Average 65,969 RWF
Yearly Trough Low 64,482 RWF
Transaction Impact: A difference of 11,202.39 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.2412
12.9440
JanuMarcMayJulySeptNove

BTN 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: JanтАУJun) was 13.4510, compared to 14.5990 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.1480 points.

H1 Avg (JanтАУJun) 13.4510
H2 Avg (JulтАУDec) 14.5990

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.7131 RWF (High: 14.3673 / Low: 13.6543). On the other end, May was the most stable month, with a tight range of 0.1422 RWF (High: 13.7103 / Low: 13.5681).

June Spread (Volatile) ┬▒0.7131
May Spread (Stable) ┬▒0.1422

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: 15.0498) against the same month in 2022 (average: 12.9845), the exchange rate shifted by +2.0653 (+15.91%).

2023 Avg (December) 15.0498
2022 Avg (December) 12.9845

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 13.2762 12.8965 13.1355
February 13.2555 13.1004 13.1543
March 13.5450 13.2078 13.3067
April 13.8887 13.4153 13.5495
May 13.7103 13.5681 13.6345
June 14.3673 13.6543 13.9256
July 14.5012 14.0487 14.2288
August 14.4176 14.1904 14.2844
September 14.7033 14.3241 14.4971
October 14.8561 14.5823 14.6968
November 14.9957 14.7363 14.8369
December 15.1370 14.9230 15.0498