2022 JMD to RWF Historical Review

YEARLY HIGH

7.0658 RWF

YEARLY LOW

6.4750 RWF

YEARLY AVERAGE

6.7523 RWF

2022 JMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 7.0658. Conversely, the yearly low was recorded on February 11, dropping to 6.4750.

This high-to-low spread represents a total annual volatility of 0.5908 RWF. From a start-to-finish perspective, comparing the January average rate of 6.6287 to the December average rate of 6.9861, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 7.0658 was up 1.57% compared to the 2021 peak of 6.9569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,329 RWF

2021 Average 33,249 RWF

Yearly Trough Low 32,375 RWF

Transaction Impact: A difference of 2,953.89 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

7.0285

6.5203

JanuMarcMayJulySeptNove

JMD 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 6.6289, compared to 6.8757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2468 points.

H1 Avg (Jan–Jun) 6.6289

H2 Avg (Jul–Dec) 6.8757

Volatility Range Comparison

Volatility

The most volatile month in 2022 was January, with a trading range of 0.2092 RWF (High: 6.7190 / Low: 6.5097). On the other end, May was the most stable month, with a tight range of 0.0848 RWF (High: 6.6645 / Low: 6.5798).

January Spread (Volatile) ±0.2092

May Spread (Stable) ±0.0848

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0661 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 6.9861) against the same month in 2021 (average: 6.6237), the exchange rate shifted by +0.3624 (+5.47%).

2022 Avg (December) 6.9861

2021 Avg (December) 6.6237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7190	6.5097	6.6287
February	6.6665	6.4750	6.5626
March	6.6972	6.5366	6.6435
April	6.7083	6.5519	6.6086
May	6.6645	6.5798	6.6126
June	6.8069	6.6315	6.7174
July	6.8512	6.6916	6.7801
August	6.9135	6.7158	6.8053
September	6.9621	6.8132	6.8747
October	6.9927	6.7992	6.8983
November	7.0159	6.8105	6.9098
December	7.0658	6.8877	6.9861