2022 BGN to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BGN to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BGN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 608.2040. Conversely, the yearly low was recorded on September 27, dropping to 515.2763.
This high-to-low spread represents a total annual volatility of 92.9277 RWF. From a start-to-finish perspective, comparing the January average rate of 594.4963 to the December average rate of 579.2904, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 608.2040 was down 3.02% compared to the 2021 peak of 627.1497, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BGN to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 572.6272, compared to 543.7389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 28.8883 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 47.4587 RWF (High: 575.4427 / Low: 527.9839). On the other end, March was the most stable month, with a tight range of 13.3368 RWF (High: 580.1802 / Low: 566.8435).
Growth Streaks & Declines
TrendsBetween September and December, 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 February and March, when the average rate fell by 21.3691 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 594.4963) against the same month in 2021 (average: 614.8594), the exchange rate shifted by -20.3631 (-3.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 608.2040 | 579.5503 | 594.4963 |
| February | 607.9347 | 579.3927 | 595.3625 |
| March | 580.1802 | 566.8435 | 573.9933 |
| April | 576.9052 | 547.7117 | 564.9609 |
| May | 563.7009 | 542.8988 | 552.8348 |
| June | 564.6895 | 544.1527 | 554.1155 |
| July | 544.9210 | 526.3027 | 535.6838 |
| August | 546.6042 | 524.2101 | 534.3782 |
| September | 536.6548 | 515.2763 | 527.9152 |
| October | 543.0632 | 519.0391 | 530.0158 |
| November | 575.4427 | 527.9839 | 555.1503 |
| December | 585.6099 | 569.3163 | 579.2904 |