YEARLY HIGH
0.5455 AOA
YEARLY LOW
0.3941 AOA
YEARLY AVERAGE
0.4448 AOA

2022 RWF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RWF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5455. Conversely, the yearly low was recorded on May 9, dropping to 0.3941.

This high-to-low spread represents a total annual volatility of 0.1513 AOA. From a start-to-finish perspective, comparing the January average rate of 0.5236 to the December average rate of 0.4712, the exchange rate registered a net change of -10.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5455 was down 18.70% compared to the 2021 peak of 0.6709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,727 AOA
2021 Average 3,129 AOA
Yearly Trough Low 1,971 AOA
Transaction Impact: A difference of 756.66 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5357
0.3902
JanuMarcMayJulySeptNove

RWF to AOA 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 0.4533, compared to 0.4364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.4533
H2 Avg (Jul–Dec) 0.4364

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0542 AOA (High: 0.4609 / Low: 0.4067). On the other end, July was the most stable month, with a tight range of 0.0064 AOA (High: 0.4211 / Low: 0.4146).

October Spread (Volatile) ±0.0542
July Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.0442 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.5236) against the same month in 2021 (average: 0.6637), the exchange rate shifted by -0.1401 (-21.11%).

2022 Avg (January) 0.5236
2021 Avg (January) 0.6637

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5455 0.5104 0.5236
February 0.5184 0.4822 0.5015
March 0.4900 0.4406 0.4573
April 0.4371 0.3945 0.4149
May 0.4139 0.3941 0.4023
June 0.4261 0.4144 0.4200
July 0.4211 0.4146 0.4190
August 0.4205 0.4108 0.4159
September 0.4207 0.4050 0.4132
October 0.4609 0.4067 0.4279
November 0.4852 0.4592 0.4712
December 0.4762 0.4647 0.4712