2022 RWF to IRR Historical Review

YEARLY HIGH

41.9906 IRR

YEARLY LOW

38.5422 IRR

YEARLY AVERAGE

40.8134 IRR

2022 RWF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RWF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 41.9906. Conversely, the yearly low was recorded on December 10, dropping to 38.5422.

This high-to-low spread represents a total annual volatility of 3.4484 IRR. From a start-to-finish perspective, comparing the January average rate of 41.1463 to the December average rate of 38.9654, the exchange rate registered a net change of -5.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 41.9906 was down 2.76% compared to the 2021 peak of 43.1846, 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 209,953 IRR

2021 Average 210,540 IRR

Yearly Trough Low 192,711 IRR

Transaction Impact: A difference of 17,242.09 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

41.7032

38.7165

JanuMarcMayJulySeptNove

RWF to IRR 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 41.3141, compared to 40.3128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0013 points.

H1 Avg (Jan–Jun) 41.3141

H2 Avg (Jul–Dec) 40.3128

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.6990 IRR (High: 41.4806 / Low: 39.7815). On the other end, May was the most stable month, with a tight range of 0.4184 IRR (High: 41.6005 / Low: 41.1821).

September Spread (Volatile) ±1.6990

May Spread (Stable) ±0.4184

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.9431 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 41.1860) against the same month in 2021 (average: 42.5438), the exchange rate shifted by -1.3579 (-3.19%).

2022 Avg (February) 41.1860

2021 Avg (February) 42.5438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.6502	40.6870	41.1463
February	41.9906	40.4815	41.1860
March	41.7444	40.8722	41.4543
April	41.6421	41.1255	41.4359
May	41.6005	41.1821	41.3782
June	41.5532	40.8311	41.2838
July	41.4154	40.8028	41.1888
August	41.1965	40.4874	40.9792
September	41.4806	39.7815	40.6492
October	40.6625	39.6733	40.1857
November	40.4023	39.2535	39.9085
December	39.7935	38.5422	38.9654