YEARLY HIGH
297.3914 RWF
YEARLY LOW
276.3463 RWF
YEARLY AVERAGE
284.3216 RWF

2022 QAR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 297.3914. Conversely, the yearly low was recorded on February 26, dropping to 276.3463.

This high-to-low spread represents a total annual volatility of 21.0451 RWF. From a start-to-finish perspective, comparing the January average rate of 282.1060 to the December average rate of 293.6771, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 297.3914 was up 3.72% compared to the 2021 peak of 286.7378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,486,957 RWF
2021 Average 1,373,859 RWF
Yearly Trough Low 1,381,732 RWF
Transaction Impact: A difference of 105,225.34 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

295.0348
278.7426
JanuMarcMayJulySeptNove

QAR 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 281.0829, compared to 287.5603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4774 points.

H1 Avg (Jan–Jun) 281.0829
H2 Avg (Jul–Dec) 287.5603

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 11.6448 RWF (High: 292.3825 / Low: 280.7376). On the other end, April was the most stable month, with a tight range of 3.1824 RWF (High: 282.4936 / Low: 279.3112).

September Spread (Volatile) ±11.6448
April Spread (Stable) ±3.1824

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 1.6706 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.6706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 293.6771) against the same month in 2021 (average: 280.8389), the exchange rate shifted by +12.8381 (+4.57%).

2022 Avg (December) 293.6771
2021 Avg (December) 280.8389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 285.2002 278.7696 282.1060
February 286.6483 276.3463 281.7708
March 284.0696 278.2036 280.1002
April 282.4936 279.3112 280.4779
May 282.3400 278.7147 280.8145
June 284.5301 278.1716 281.2276
July 285.3551 278.9018 281.1820
August 286.9459 282.2258 283.6448
September 292.3825 280.7376 286.0205
October 292.4706 283.3661 289.3182
November 295.0470 287.8904 291.5189
December 297.3914 289.0052 293.6771