2022 GHS to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GHS to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GHS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 168.2048. Conversely, the yearly low was recorded on November 17, dropping to 72.6530.
This high-to-low spread represents a total annual volatility of 95.5518 RWF. From a start-to-finish perspective, comparing the January average rate of 165.2485 to the December average rate of 100.9194, the exchange rate registered a net change of -38.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 168.2048 was down 3.26% compared to the 2021 peak of 173.8812, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GHS 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 143.8109, compared to 100.8598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.9511 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was December, with a trading range of 52.5027 RWF (High: 128.1858 / Low: 75.6831). On the other end, April was the most stable month, with a tight range of 3.5331 RWF (High: 137.3154 / Low: 133.7823).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 16.4302 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 165.2485) against the same month in 2021 (average: 168.7999), the exchange rate shifted by -3.5514 (-2.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 168.2048 | 161.4286 | 165.2485 |
| February | 163.1769 | 149.2647 | 157.7023 |
| March | 148.5818 | 134.3036 | 141.2721 |
| April | 137.3154 | 133.7823 | 135.4717 |
| May | 137.4000 | 130.6962 | 133.8100 |
| June | 131.8590 | 126.7132 | 129.3609 |
| July | 128.1722 | 121.2101 | 126.1514 |
| August | 121.6406 | 103.3720 | 111.1115 |
| September | 105.2625 | 99.6651 | 103.0368 |
| October | 103.1669 | 74.5196 | 89.8287 |
| November | 77.4212 | 72.6530 | 74.1113 |
| December | 128.1858 | 75.6831 | 100.9194 |