YEARLY HIGH
2880.2940 RWF
YEARLY LOW
2668.9255 RWF
YEARLY AVERAGE
2747.8662 RWF

2022 BHD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BHD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2880.2940. Conversely, the yearly low was recorded on February 26, dropping to 2668.9255.

This high-to-low spread represents a total annual volatility of 211.3686 RWF. From a start-to-finish perspective, comparing the January average rate of 2724.6925 to the December average rate of 2841.1747, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2880.2940 was up 4.02% compared to the 2021 peak of 2768.9254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,401,470 RWF
2021 Average 13,280,149 RWF
Yearly Trough Low 13,344,627 RWF
Transaction Impact: A difference of 1,056,842.79 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2854.7541
2691.8024
JanuMarcMayJulySeptNove

BHD 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 2715.3919, compared to 2780.3405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 64.9486 points.

H1 Avg (Jan–Jun) 2715.3919
H2 Avg (Jul–Dec) 2780.3405

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 109.6037 RWF (High: 2822.9624 / Low: 2713.3587). On the other end, May was the most stable month, with a tight range of 28.1439 RWF (High: 2728.3319 / Low: 2700.1880).

September Spread (Volatile) ±109.6037
May Spread (Stable) ±28.1439

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 16.8472 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -16.8472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2841.1747) against the same month in 2021 (average: 2712.2660), the exchange rate shifted by +128.9087 (+4.75%).

2022 Avg (December) 2841.1747
2021 Avg (December) 2712.2660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2754.3482 2692.6148 2724.6925
February 2768.1934 2668.9255 2722.2289
March 2742.8327 2687.5407 2705.3817
April 2728.1142 2692.5490 2707.5826
May 2728.3319 2700.1880 2712.6945
June 2748.8317 2708.7406 2719.7713
July 2753.1379 2711.2849 2726.8724
August 2771.4060 2725.3766 2740.0272
September 2822.9624 2713.3587 2763.1874
October 2834.4511 2760.4477 2794.0923
November 2868.6668 2784.3830 2816.6890
December 2880.2940 2812.6834 2841.1747