2022 RWF to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 RWF to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the RWF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 3.2416. Conversely, the yearly low was recorded on February 12, dropping to 2.7436.
This high-to-low spread represents a total annual volatility of 0.4980 MNT. From a start-to-finish perspective, comparing the January average rate of 2.7849 to the December average rate of 3.1821, the exchange rate registered a net change of 14.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 3.2416 was up 10.90% compared to the 2021 peak of 2.9231, 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 MNT 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 2.8953, compared to 3.1300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2347 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.1531 MNT (High: 3.2177 / Low: 3.0646). On the other end, July was the most stable month, with a tight range of 0.0403 MNT (High: 3.0722 / Low: 3.0319).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0196 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 3.2017) against the same month in 2021 (average: 2.8113), the exchange rate shifted by +0.3904 (+13.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.8184 | 2.7531 | 2.7849 |
| February | 2.8480 | 2.7436 | 2.7917 |
| March | 2.8550 | 2.7769 | 2.8273 |
| April | 2.9638 | 2.8181 | 2.9166 |
| May | 3.0455 | 2.9674 | 3.0112 |
| June | 3.0615 | 2.9956 | 3.0402 |
| July | 3.0722 | 3.0319 | 3.0561 |
| August | 3.1083 | 3.0486 | 3.0829 |
| September | 3.1547 | 3.0430 | 3.0967 |
| October | 3.2177 | 3.0646 | 3.1604 |
| November | 3.2416 | 3.1504 | 3.2017 |
| December | 3.2125 | 3.1374 | 3.1821 |