2022 AFN to RWF Historical Review

YEARLY HIGH

12.5357 RWF

YEARLY LOW

9.6575 RWF

YEARLY AVERAGE

11.5404 RWF

2022 AFN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 12.5357. Conversely, the yearly low was recorded on January 22, dropping to 9.6575.

This high-to-low spread represents a total annual volatility of 2.8782 RWF. From a start-to-finish perspective, comparing the January average rate of 9.8250 to the December average rate of 12.2426, the exchange rate registered a net change of 24.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.5357 was down 2.92% compared to the 2021 peak of 12.9121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,679 RWF

2021 Average 60,420 RWF

Yearly Trough Low 48,287 RWF

Transaction Impact: A difference of 14,391.18 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.4843

9.5833

JanuMarcMayJulySeptNove

AFN 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 11.1880, compared to 11.8929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7049 points.

H1 Avg (Jan–Jun) 11.1880

H2 Avg (Jul–Dec) 11.8929

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 1.0145 RWF (High: 11.3216 / Low: 10.3071). On the other end, June was the most stable month, with a tight range of 0.2439 RWF (High: 11.6485 / Low: 11.4046).

February Spread (Volatile) ±1.0145

June Spread (Stable) ±0.2439

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0913 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 12.2426) against the same month in 2021 (average: 10.0577), the exchange rate shifted by +2.1848 (+21.72%).

2022 Avg (December) 12.2426

2021 Avg (December) 10.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0053	9.6575	9.8250
February	11.3216	10.3071	11.0060
March	11.7697	11.0440	11.4965
April	11.9330	11.4888	11.6769
May	11.9766	11.2683	11.6075
June	11.6485	11.4046	11.5162
July	11.7852	11.3507	11.5913
August	11.8194	11.3077	11.5599
September	12.0054	11.4850	11.7675
October	12.4046	11.7684	12.1185
November	12.2600	11.9115	12.0774
December	12.5357	12.0395	12.2426