YEARLY HIGH
0.0105 NOK
YEARLY LOW
0.0084 NOK
YEARLY AVERAGE
0.0093 NOK

2022 RWF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RWF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0105. Conversely, the yearly low was recorded on January 13, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0021 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0092, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0105 was up 13.85% compared to the 2021 peak of 0.0092, 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 52 NOK
2021 Average 43 NOK
Yearly Trough Low 42 NOK
Transaction Impact: A difference of 10.32 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0102
0.0085
JanuMarcMayJulySeptNove

RWF to NOK 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 0.0089, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0089
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0010 NOK (High: 0.0105 / Low: 0.0095). On the other end, December was the most stable month, with a tight range of 0.0003 NOK (High: 0.0093 / Low: 0.0090).

September Spread (Volatile) ±0.0010
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0098) against the same month in 2021 (average: 0.0086), the exchange rate shifted by +0.0012 (+14.47%).

2022 Avg (September) 0.0098
2021 Avg (September) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0088 0.0084 0.0086
February 0.0089 0.0085 0.0086
March 0.0089 0.0084 0.0087
April 0.0092 0.0085 0.0087
May 0.0097 0.0090 0.0094
June 0.0098 0.0091 0.0095
July 0.0100 0.0094 0.0097
August 0.0096 0.0092 0.0094
September 0.0105 0.0095 0.0098
October 0.0105 0.0097 0.0100
November 0.0100 0.0092 0.0095
December 0.0093 0.0090 0.0092