2022 PHP to RWF Historical Review

YEARLY HIGH

20.3606 RWF

YEARLY LOW

17.6406 RWF

YEARLY AVERAGE

19.0459 RWF

2022 PHP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PHP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 20.3606. Conversely, the yearly low was recorded on October 3, dropping to 17.6406.

This high-to-low spread represents a total annual volatility of 2.7201 RWF. From a start-to-finish perspective, comparing the January average rate of 20.0541 to the December average rate of 19.2770, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 20.3606 was down 3.10% compared to the 2021 peak of 21.0123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 5,090,160 RWF

2021 Average 5,081,683 RWF

Yearly Trough Low 4,410,146 RWF

Transaction Impact: A difference of 680,014.56 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

20.2655

17.7284

JanuMarcMayJulySeptNove

PHP 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 19.6461, compared to 18.4457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2004 points.

H1 Avg (Jan–Jun) 19.6461

H2 Avg (Jul–Dec) 18.4457

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.1110 RWF (High: 19.0813 / Low: 17.9703). On the other end, May was the most stable month, with a tight range of 0.2527 RWF (High: 19.6753 / Low: 19.4225).

November Spread (Volatile) ±1.1110

May Spread (Stable) ±0.2527

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 June and July, when the average rate fell by 0.6925 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6925

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 20.0016) against the same month in 2021 (average: 20.4932), the exchange rate shifted by -0.4915 (-2.40%).

2022 Avg (February) 20.0016

2021 Avg (February) 20.4932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3255	19.7921	20.0541
February	20.3606	19.6067	20.0016
March	19.9095	19.3429	19.5635
April	20.0247	19.4219	19.6333
May	19.6753	19.4225	19.5288
June	19.5246	18.5825	19.0951
July	18.7395	18.1539	18.4026
August	18.7010	18.3129	18.4968
September	18.3123	17.6436	18.0669
October	18.2409	17.6406	17.9398
November	19.0813	17.9703	18.4911
December	19.6273	18.9418	19.2770