YEARLY HIGH
0.7439 RWF
YEARLY LOW
0.6933 RWF
YEARLY AVERAGE
0.7097 RWF

2022 IQD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.7439. Conversely, the yearly low was recorded on February 28, dropping to 0.6933.

This high-to-low spread represents a total annual volatility of 0.0507 RWF. From a start-to-finish perspective, comparing the January average rate of 0.7039 to the December average rate of 0.7332, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7439 was up 4.72% compared to the 2021 peak of 0.7104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,720 RWF
2021 Average 3,429 RWF
Yearly Trough Low 3,466 RWF
Transaction Impact: A difference of 253.28 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7367
0.6949
JanuMarcMayJulySeptNove

IQD 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 0.7012, compared to 0.7182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 0.7012
H2 Avg (Jul–Dec) 0.7182

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0227 RWF (High: 0.7407 / Low: 0.7180). On the other end, May was the most stable month, with a tight range of 0.0063 RWF (High: 0.7041 / Low: 0.6978).

November Spread (Volatile) ±0.0227
May Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0047 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.7332) against the same month in 2021 (average: 0.7003), the exchange rate shifted by +0.0329 (+4.70%).

2022 Avg (December) 0.7332
2021 Avg (December) 0.7003

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7113 0.6952 0.7039
February 0.7125 0.6933 0.7031
March 0.7053 0.6938 0.6984
April 0.7044 0.6966 0.6991
May 0.7041 0.6978 0.7006
June 0.7085 0.6992 0.7020
July 0.7119 0.7008 0.7049
August 0.7153 0.7041 0.7072
September 0.7248 0.7086 0.7140
October 0.7306 0.7099 0.7221
November 0.7407 0.7180 0.7280
December 0.7439 0.7264 0.7332