2022 MXN to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MXN to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MXN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 56.0513. Conversely, the yearly low was recorded on March 8, dropping to 47.9893.
This high-to-low spread represents a total annual volatility of 8.0620 RWF. From a start-to-finish perspective, comparing the January average rate of 50.1041 to the December average rate of 54.6618, the exchange rate registered a net change of 9.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 56.0513 was up 10.19% compared to the 2021 peak of 50.8659, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MXN to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 50.5395, compared to 52.5661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0265 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 3.1545 RWF (High: 51.1438 / Low: 47.9893). On the other end, July was the most stable month, with a tight range of 1.4704 RWF (High: 50.6684 / Low: 49.1980).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.1831 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 54.6618) against the same month in 2021 (average: 48.9467), the exchange rate shifted by +5.7152 (+11.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.1539 | 48.8810 | 50.1041 |
| February | 51.1536 | 48.9817 | 50.1350 |
| March | 51.1438 | 47.9893 | 49.6578 |
| April | 51.8897 | 49.8757 | 50.8891 |
| May | 52.4994 | 49.8762 | 51.1190 |
| June | 52.5954 | 49.6416 | 51.3321 |
| July | 50.6684 | 49.1980 | 50.1490 |
| August | 52.2660 | 49.3720 | 51.3122 |
| September | 52.7715 | 51.0264 | 51.9441 |
| October | 53.5192 | 51.6972 | 52.7369 |
| November | 55.8536 | 53.6833 | 54.5923 |
| December | 56.0513 | 53.8246 | 54.6618 |