2022 NZD to RWF Historical Review

YEARLY HIGH

714.1771 RWF

YEARLY LOW

582.9023 RWF

YEARLY AVERAGE

658.6079 RWF

2022 NZD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 714.1771. Conversely, the yearly low was recorded on October 15, dropping to 582.9023.

This high-to-low spread represents a total annual volatility of 131.2749 RWF. From a start-to-finish perspective, comparing the January average rate of 692.3273 to the December average rate of 680.3720, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 714.1771 was down 2.98% compared to the 2021 peak of 736.1204, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,570,886 RWF

2021 Average 3,540,077 RWF

Yearly Trough Low 2,914,511 RWF

Transaction Impact: A difference of 656,374.35 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

711.2860

589.3931

JanuMarcMayJulySeptNove

NZD 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 679.1388, compared to 638.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.0619 points.

H1 Avg (Jan–Jun) 679.1388

H2 Avg (Jul–Dec) 638.0769

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 66.3640 RWF (High: 677.6261 / Low: 611.2621). On the other end, July was the most stable month, with a tight range of 23.2875 RWF (High: 648.5122 / Low: 625.2246).

November Spread (Volatile) ±66.3640

July Spread (Stable) ±23.2875

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 34.2846 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -34.2846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 689.5346) against the same month in 2021 (average: 706.6404), the exchange rate shifted by -17.1058 (-2.42%).

2022 Avg (April) 689.5346

2021 Avg (April) 706.6404

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	712.3520	665.5528	692.3273
February	698.4895	672.7988	684.9026
March	709.7866	685.7193	701.1282
April	714.1771	661.0076	689.5346
May	671.8313	639.5931	655.2500
June	671.6060	635.7744	651.6901
July	648.5122	625.2246	637.9920
August	666.4633	632.9986	646.1578
September	636.7595	583.0315	618.5863
October	617.3329	582.9023	599.5509
November	677.6261	611.2621	645.8026
December	694.2456	667.8476	680.3720