2022 RWF to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 RWF to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the RWF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 1.4425. Conversely, the yearly low was recorded on December 7, dropping to 1.3442.
This high-to-low spread represents a total annual volatility of 0.0982 IQD. From a start-to-finish perspective, comparing the January average rate of 1.4208 to the December average rate of 1.3639, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.4425 was down 3.84% compared to the 2021 peak of 1.5000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
RWF to IQD 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 1.4262, compared to 1.3926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0336 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 0.0427 IQD (High: 1.3929 / Low: 1.3501). On the other end, May was the most stable month, with a tight range of 0.0128 IQD (High: 1.4330 / Low: 1.4202).
Growth Streaks & Declines
TrendsBetween January and March, 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 September and October, when the average rate fell by 0.0157 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 1.4224) against the same month in 2021 (average: 1.4760), the exchange rate shifted by -0.0536 (-3.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4384 | 1.4058 | 1.4208 |
| February | 1.4425 | 1.4034 | 1.4224 |
| March | 1.4413 | 1.4179 | 1.4319 |
| April | 1.4356 | 1.4196 | 1.4303 |
| May | 1.4330 | 1.4202 | 1.4274 |
| June | 1.4303 | 1.4115 | 1.4245 |
| July | 1.4269 | 1.4048 | 1.4186 |
| August | 1.4202 | 1.3981 | 1.4140 |
| September | 1.4112 | 1.3797 | 1.4006 |
| October | 1.4087 | 1.3687 | 1.3849 |
| November | 1.3929 | 1.3501 | 1.3738 |
| December | 1.3767 | 1.3442 | 1.3639 |