YEARLY HIGH
0.1001 BDT
YEARLY LOW
0.0871 BDT
YEARLY AVERAGE
0.0935 BDT

2023 RWF to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.1001. Conversely, the yearly low was recorded on December 27, dropping to 0.0871.

This high-to-low spread represents a total annual volatility of 0.0130 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0975 to the December average rate of 0.0877, the exchange rate registered a net change of -10.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1001 was down 0.73% compared to the 2022 peak of 0.1008, 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 500 BDT
2022 Average 450 BDT
Yearly Trough Low 435 BDT
Transaction Impact: A difference of 64.94 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0989
0.0867
JanuMarcMayJulySeptNove

RWF to BDT 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 0.0963, compared to 0.0906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0963
H2 Avg (Jul–Dec) 0.0906

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0042 BDT (High: 0.1001 / Low: 0.0959). On the other end, November was the most stable month, with a tight range of 0.0014 BDT (High: 0.0900 / Low: 0.0886).

February Spread (Volatile) ±0.0042
November Spread (Stable) ±0.0014

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 November and December, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0979) against the same month in 2022 (average: 0.0838), the exchange rate shifted by +0.0141 (+16.79%).

2023 Avg (February) 0.0979
2022 Avg (February) 0.0838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0996 0.0960 0.0975
February 0.1001 0.0959 0.0979
March 0.0982 0.0956 0.0968
April 0.0973 0.0933 0.0957
May 0.0967 0.0947 0.0955
June 0.0955 0.0919 0.0944
July 0.0936 0.0910 0.0928
August 0.0932 0.0916 0.0924
September 0.0922 0.0903 0.0912
October 0.0909 0.0893 0.0902
November 0.0900 0.0886 0.0894
December 0.0887 0.0871 0.0877