2022 GMD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GMD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 19.6551. Conversely, the yearly low was recorded on November 17, dropping to 17.1112.
This high-to-low spread represents a total annual volatility of 2.5439 RWF. From a start-to-finish perspective, comparing the January average rate of 19.4521 to the December average rate of 17.2507, the exchange rate registered a net change of -11.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 19.6551 was down 0.71% compared to the 2021 peak of 19.7952, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GMD 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 19.1122, compared to 18.3723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7400 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 1.1856 RWF (High: 19.2218 / Low: 18.0362). On the other end, April was the most stable month, with a tight range of 0.2794 RWF (High: 19.1128 / Low: 18.8333).
Growth Streaks & Declines
TrendsBetween April and July, 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 October and November, when the average rate fell by 1.2283 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 19.3141) against the same month in 2021 (average: 19.2466), the exchange rate shifted by +0.0675 (+0.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.6112 | 19.1789 | 19.4521 |
| February | 19.6551 | 18.8776 | 19.3141 |
| March | 19.4234 | 18.6126 | 19.0571 |
| April | 19.1128 | 18.8333 | 18.9371 |
| May | 19.1099 | 18.8173 | 18.9549 |
| June | 19.1670 | 18.8589 | 18.9580 |
| July | 19.1991 | 18.9048 | 19.0240 |
| August | 19.2584 | 18.7727 | 19.0061 |
| September | 19.4441 | 18.7553 | 18.9997 |
| October | 19.2218 | 18.0362 | 18.5907 |
| November | 18.1006 | 17.1112 | 17.3624 |
| December | 17.4579 | 17.1328 | 17.2507 |