2022 BIF to RWF Historical Review

YEARLY HIGH

0.5258 RWF

YEARLY LOW

0.4955 RWF

YEARLY AVERAGE

0.5074 RWF

2022 BIF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BIF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.5258. Conversely, the yearly low was recorded on March 26, dropping to 0.4955.

This high-to-low spread represents a total annual volatility of 0.0303 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5130 to the December average rate of 0.5180, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5258 was up 0.77% compared to the 2021 peak of 0.5217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,629 RWF

2021 Average 2,536 RWF

Yearly Trough Low 2,478 RWF

Transaction Impact: A difference of 151.31 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5198

0.4983

JanuMarcMayJulySeptNove

BIF 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 0.5056, compared to 0.5091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.5056

H2 Avg (Jul–Dec) 0.5091

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0205 RWF (High: 0.5203 / Low: 0.4998). On the other end, August was the most stable month, with a tight range of 0.0075 RWF (High: 0.5064 / Low: 0.4989).

February Spread (Volatile) ±0.0205

August Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0073 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.5180) against the same month in 2021 (average: 0.5119), the exchange rate shifted by +0.0061 (+1.19%).

2022 Avg (December) 0.5180

2021 Avg (December) 0.5119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5203	0.5041	0.5130
February	0.5203	0.4998	0.5112
March	0.5148	0.4955	0.5039
April	0.5086	0.4957	0.5024
May	0.5099	0.4962	0.5028
June	0.5074	0.4963	0.5002
July	0.5046	0.4969	0.5001
August	0.5064	0.4989	0.5024
September	0.5123	0.5012	0.5068
October	0.5167	0.5015	0.5120
November	0.5223	0.5106	0.5155
December	0.5258	0.5131	0.5180