YEARLY HIGH
0.0259 RWF
YEARLY LOW
0.0238 RWF
YEARLY AVERAGE
0.0245 RWF

2022 IRR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IRR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.0259. Conversely, the yearly low was recorded on February 26, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0021 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0257, the exchange rate registered a net change of 5.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0259 was up 5.00% compared to the 2021 peak of 0.0247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 130 RWF
2021 Average 119 RWF
Yearly Trough Low 119 RWF
Transaction Impact: A difference of 10.65 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0258
0.0240
JanuMarcMayJulySeptNove

IRR 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 0.0242, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0242
H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0010 RWF (High: 0.0251 / Low: 0.0241). On the other end, May was the most stable month, with a tight range of 0.0002 RWF (High: 0.0243 / Low: 0.0240).

September Spread (Volatile) ±0.0010
May Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0257) against the same month in 2021 (average: 0.0242), the exchange rate shifted by +0.0015 (+6.07%).

2022 Avg (December) 0.0257
2021 Avg (December) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0246 0.0240 0.0243
February 0.0247 0.0238 0.0243
March 0.0245 0.0240 0.0241
April 0.0243 0.0240 0.0241
May 0.0243 0.0240 0.0242
June 0.0245 0.0241 0.0242
July 0.0245 0.0241 0.0243
August 0.0247 0.0243 0.0244
September 0.0251 0.0241 0.0246
October 0.0252 0.0246 0.0249
November 0.0255 0.0248 0.0251
December 0.0259 0.0251 0.0257