YEARLY HIGH
0.5849 RWF
YEARLY LOW
0.4894 RWF
YEARLY AVERAGE
0.5395 RWF

2022 MMK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.5849. Conversely, the yearly low was recorded on August 13, dropping to 0.4894.

This high-to-low spread represents a total annual volatility of 0.0955 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5778 to the December average rate of 0.5097, the exchange rate registered a net change of -11.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5849 was down 21.85% compared to the 2021 peak of 0.7484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,924 RWF
2021 Average 3,139 RWF
Yearly Trough Low 2,447 RWF
Transaction Impact: A difference of 477.41 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5860
0.4880
JanuMarcMayJulySeptNove

MMK 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 0.5651, compared to 0.5140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0511 points.

H1 Avg (Jan–Jun) 0.5651
H2 Avg (Jul–Dec) 0.5140

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0674 RWF (High: 0.5568 / Low: 0.4894). On the other end, May was the most stable month, with a tight range of 0.0076 RWF (High: 0.5556 / Low: 0.5480).

August Spread (Volatile) ±0.0674
May Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0410 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.5772) against the same month in 2021 (average: 0.7065), the exchange rate shifted by -0.1294 (-18.31%).

2022 Avg (February) 0.5772
2021 Avg (February) 0.7065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5839 0.5707 0.5778
February 0.5849 0.5671 0.5772
March 0.5789 0.5701 0.5736
April 0.5784 0.5476 0.5562
May 0.5556 0.5480 0.5523
June 0.5593 0.5511 0.5535
July 0.5612 0.5524 0.5554
August 0.5568 0.4894 0.5144
September 0.5038 0.4925 0.4962
October 0.5071 0.4957 0.5021
November 0.5148 0.5004 0.5062
December 0.5172 0.5051 0.5097