2023 RWF to BTN Historical Review

YEARLY HIGH

0.0775 BTN

YEARLY LOW

0.0661 BTN

YEARLY AVERAGE

0.0715 BTN

2023 RWF to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0775. Conversely, the yearly low was recorded on December 31, dropping to 0.0661.

This high-to-low spread represents a total annual volatility of 0.0115 BTN. From a start-to-finish perspective, comparing the January average rate of 0.0761 to the December average rate of 0.0664, the exchange rate registered a net change of -12.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0775 was down 2.01% compared to the 2022 peak of 0.0791, 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 388 BTN

2022 Average 379 BTN

Yearly Trough Low 330 BTN

Transaction Impact: A difference of 57.39 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0771

0.0655

JanuMarcMayJulySeptNove

RWF to BTN 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 0.0744, compared to 0.0685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.0744

H2 Avg (Jul–Dec) 0.0685

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0036 BTN (High: 0.0732 / Low: 0.0696). On the other end, May was the most stable month, with a tight range of 0.0008 BTN (High: 0.0737 / Low: 0.0729).

June Spread (Volatile) ±0.0036

May Spread (Stable) ±0.0008

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 0.0015 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0761) against the same month in 2022 (average: 0.0725), the exchange rate shifted by +0.0037 (+5.08%).

2023 Avg (January) 0.0761

2022 Avg (January) 0.0725

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0775	0.0753	0.0761
February	0.0763	0.0754	0.0760
March	0.0757	0.0738	0.0752
April	0.0745	0.0720	0.0738
May	0.0737	0.0729	0.0733
June	0.0732	0.0696	0.0718
July	0.0712	0.0690	0.0703
August	0.0705	0.0694	0.0700
September	0.0698	0.0680	0.0690
October	0.0686	0.0673	0.0680
November	0.0679	0.0667	0.0674
December	0.0670	0.0661	0.0664