2022 CVE to RWF Historical Review

YEARLY HIGH

10.7608 RWF

YEARLY LOW

9.0705 RWF

YEARLY AVERAGE

9.8778 RWF

2022 CVE to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 10.7608. Conversely, the yearly low was recorded on October 31, dropping to 9.0705.

This high-to-low spread represents a total annual volatility of 1.6902 RWF. From a start-to-finish perspective, comparing the January average rate of 10.5142 to the December average rate of 10.2603, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.7608 was down 2.89% compared to the 2021 peak of 11.0814, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,804 RWF

2021 Average 53,503 RWF

Yearly Trough Low 45,353 RWF

Transaction Impact: A difference of 8,451.13 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.6308

9.2313

JanuMarcMayJulySeptNove

CVE 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 10.1266, compared to 9.6290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4976 points.

H1 Avg (Jan–Jun) 10.1266

H2 Avg (Jul–Dec) 9.6290

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.7226 RWF (High: 10.1278 / Low: 9.4052). On the other end, December was the most stable month, with a tight range of 0.2624 RWF (High: 10.3553 / Low: 10.0929).

November Spread (Volatile) ±0.7226

December Spread (Stable) ±0.2624

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3697 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 10.5142) against the same month in 2021 (average: 10.8611), the exchange rate shifted by -0.3469 (-3.19%).

2022 Avg (January) 10.5142

2021 Avg (January) 10.8611

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7608	10.2430	10.5142
February	10.7508	10.1788	10.5139
March	10.3430	10.0030	10.1441
April	10.1983	9.6800	10.0114
May	9.9601	9.6049	9.7743
June	9.9786	9.6137	9.8018
July	9.8995	9.3906	9.5608
August	9.6159	9.3059	9.4542
September	9.8157	9.1231	9.3711
October	9.5786	9.0705	9.3479
November	10.1278	9.4052	9.7796
December	10.3553	10.0929	10.2603