YEARLY HIGH
1530.9699 RWF
YEARLY LOW
1419.1494 RWF
YEARLY AVERAGE
1461.0436 RWF

2022 JOD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 1530.9699. Conversely, the yearly low was recorded on February 26, dropping to 1419.1494.

This high-to-low spread represents a total annual volatility of 111.8205 RWF. From a start-to-finish perspective, comparing the January average rate of 1448.6589 to the December average rate of 1509.4644, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1530.9699 was up 3.97% compared to the 2021 peak of 1472.5137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,654,849 RWF
2021 Average 7,061,590 RWF
Yearly Trough Low 7,095,747 RWF
Transaction Impact: A difference of 559,102.59 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1516.5546
1431.4719
JanuMarcMayJulySeptNove

JOD 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 1443.8882, compared to 1478.1990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.3108 points.

H1 Avg (Jan–Jun) 1443.8882
H2 Avg (Jul–Dec) 1478.1990

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 59.8010 RWF (High: 1501.5015 / Low: 1441.7005). On the other end, May was the most stable month, with a tight range of 14.0807 RWF (High: 1449.9295 / Low: 1435.8488).

September Spread (Volatile) ±59.8010
May Spread (Stable) ±14.0807

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 8.6816 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -8.6816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1509.4644) against the same month in 2021 (average: 1442.3067), the exchange rate shifted by +67.1578 (+4.66%).

2022 Avg (December) 1509.4644
2021 Avg (December) 1442.3067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1464.6179 1431.1901 1448.6589
February 1472.0542 1419.1494 1447.2437
March 1458.8118 1429.2082 1438.5622
April 1450.3064 1434.4147 1440.4464
May 1449.9295 1435.8488 1442.4264
June 1461.1766 1439.6583 1445.9918
July 1463.9199 1442.2659 1450.0595
August 1473.5827 1449.3430 1456.9728
September 1501.5015 1441.7005 1468.9296
October 1507.3763 1467.3147 1486.3206
November 1525.2932 1478.4328 1497.4469
December 1530.9699 1494.5353 1509.4644