2022 NIO to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NIO to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NIO to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 30.0331. Conversely, the yearly low was recorded on March 13, dropping to 27.1613.
This high-to-low spread represents a total annual volatility of 2.8718 RWF. From a start-to-finish perspective, comparing the January average rate of 28.9884 to the December average rate of 29.3690, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 30.0331 was up 1.78% compared to the 2021 peak of 29.5085, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NIO 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 28.6762, compared to 29.0906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4144 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 1.6279 RWF (High: 28.7892 / Low: 27.1613). On the other end, May was the most stable month, with a tight range of 0.2215 RWF (High: 28.6750 / Low: 28.4536).
Growth Streaks & Declines
TrendsBetween March and November, 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 February and March, when the average rate fell by 0.4753 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 29.5070) against the same month in 2021 (average: 28.8408), the exchange rate shifted by +0.6661 (+2.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.3171 | 28.4116 | 28.9884 |
| February | 29.3311 | 28.3820 | 28.9294 |
| March | 28.7892 | 27.1613 | 28.4542 |
| April | 28.7547 | 28.4160 | 28.5279 |
| May | 28.6750 | 28.4536 | 28.5662 |
| June | 28.8581 | 28.4646 | 28.5912 |
| July | 28.9775 | 28.5268 | 28.6889 |
| August | 29.0486 | 28.3664 | 28.7149 |
| September | 29.4347 | 28.7619 | 28.9922 |
| October | 29.6037 | 28.8038 | 29.2715 |
| November | 30.0331 | 29.1169 | 29.5070 |
| December | 29.7793 | 29.0497 | 29.3690 |