YEARLY HIGH
3.3560 RWF
YEARLY LOW
2.3764 RWF
YEARLY AVERAGE
2.8048 RWF

2022 HUF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HUF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 3.3560. Conversely, the yearly low was recorded on October 12, dropping to 2.3764.

This high-to-low spread represents a total annual volatility of 0.9796 RWF. From a start-to-finish perspective, comparing the January average rate of 3.2392 to the December average rate of 2.7862, the exchange rate registered a net change of -13.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.3560 was down 4.84% compared to the 2021 peak of 3.5267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 3,355,998 RWF
2021 Average 3,304,645 RWF
Yearly Trough Low 2,376,384 RWF
Transaction Impact: A difference of 979,614.13 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.3312
2.4067
JanuMarcMayJulySeptNove

HUF 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 2.9929, compared to 2.6167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3762 points.

H1 Avg (Jan–Jun) 2.9929
H2 Avg (Jul–Dec) 2.6167

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.2990 RWF (High: 3.3560 / Low: 3.0570). On the other end, May was the most stable month, with a tight range of 0.1573 RWF (High: 2.8963 / Low: 2.7390).

February Spread (Volatile) ±0.2990
May Spread (Stable) ±0.1573

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 0.2760 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 3.2542) against the same month in 2021 (average: 3.3390), the exchange rate shifted by -0.0848 (-2.54%).

2022 Avg (February) 3.2542
2021 Avg (February) 3.3390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3533 3.1259 3.2392
February 3.3560 3.0570 3.2542
March 3.0898 2.8287 2.9782
April 3.0634 2.8319 2.9481
May 2.8963 2.7390 2.8073
June 2.8354 2.6574 2.7306
July 2.6654 2.5001 2.6034
August 2.7031 2.4836 2.6051
September 2.6375 2.4126 2.5527
October 2.5836 2.3764 2.4838
November 2.7357 2.5443 2.6689
December 2.8658 2.6877 2.7862