2023 BWP to RWF Historical Review

YEARLY HIGH

93.9353 RWF

YEARLY LOW

81.3771 RWF

YEARLY AVERAGE

86.6840 RWF

2023 BWP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 93.9353. Conversely, the yearly low was recorded on March 8, dropping to 81.3771.

This high-to-low spread represents a total annual volatility of 12.5582 RWF. From a start-to-finish perspective, comparing the January average rate of 84.1357 to the December average rate of 92.8526, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 93.9353 was up 4.00% compared to the 2022 peak of 90.3192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 469,676 RWF

2022 Average 419,605 RWF

Yearly Trough Low 406,885 RWF

Transaction Impact: A difference of 62,790.98 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

93.8619

81.7499

JanuMarcMayJulySeptNove

BWP 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 83.8248, compared to 89.5431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7183 points.

H1 Avg (Jan–Jun) 83.8248

H2 Avg (Jul–Dec) 89.5431

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 5.9346 RWF (High: 87.7773 / Low: 81.8427). On the other end, January was the most stable month, with a tight range of 1.8301 RWF (High: 84.8964 / Low: 83.0663).

June Spread (Volatile) ±5.9346

January Spread (Stable) ±1.8301

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.2421 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.2421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 92.8526) against the same month in 2022 (average: 83.0864), the exchange rate shifted by +9.7662 (+11.75%).

2023 Avg (December) 92.8526

2022 Avg (December) 83.0864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	84.8964	83.0663	84.1357
February	85.8169	81.7533	83.0469
March	85.2207	81.3771	82.7593
April	86.7193	83.4845	84.5466
May	84.9183	81.7873	83.3044
June	87.7773	81.8427	85.1560
July	91.2087	85.4618	88.2595
August	89.0514	86.9621	87.6635
September	89.4986	86.8685	88.1799
October	90.2049	87.4059	88.9719
November	93.1408	90.1896	91.3314
December	93.9353	91.2079	92.8526

2023 BWP నుండి RWF చారిత్రక సమీక్ష