YEARLY HIGH
0.0019 BBD
YEARLY LOW
0.0016 BBD
YEARLY AVERAGE
0.0017 BBD

2023 RWF to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0019. Conversely, the yearly low was recorded on December 28, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0003 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0016, the exchange rate registered a net change of -14.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0019 was down 5.85% compared to the 2022 peak of 0.0020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 BBD
2022 Average 10 BBD
Yearly Trough Low 8 BBD
Transaction Impact: A difference of 1.44 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0019
0.0016
JanuMarcMayJulySeptNove

RWF to BBD 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 0.0018, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0001 BBD (High: 0.0018 / Low: 0.0017). On the other end, February was the most stable month, with a tight range of 0.0000 BBD (High: 0.0019 / Low: 0.0018).

June Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0000 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0019) against the same month in 2022 (average: 0.0019), the exchange rate shifted by -0.0001 (-4.43%).

2023 Avg (January) 0.0019
2022 Avg (January) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0018 0.0019
February 0.0019 0.0018 0.0018
March 0.0019 0.0018 0.0018
April 0.0018 0.0018 0.0018
May 0.0018 0.0018 0.0018
June 0.0018 0.0017 0.0017
July 0.0017 0.0017 0.0017
August 0.0017 0.0017 0.0017
September 0.0017 0.0016 0.0017
October 0.0017 0.0016 0.0016
November 0.0016 0.0016 0.0016
December 0.0016 0.0016 0.0016