2022 RWF to ZAR Historical Review

YEARLY HIGH

0.0175 ZAR

YEARLY LOW

0.0142 ZAR

YEARLY AVERAGE

0.0158 ZAR

2022 RWF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RWF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0175. Conversely, the yearly low was recorded on April 11, dropping to 0.0142.

This high-to-low spread represents a total annual volatility of 0.0033 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0161, 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 0.0175 was up 8.46% compared to the 2021 peak of 0.0162, 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 88 ZAR

2021 Average 74 ZAR

Yearly Trough Low 71 ZAR

Transaction Impact: A difference of 16.68 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0174

0.0144

JanuMarcMayJulySeptNove

RWF to ZAR 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 0.0151, compared to 0.0165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0151

H2 Avg (Jul–Dec) 0.0165

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0016 ZAR (High: 0.0174 / Low: 0.0157). On the other end, February was the most stable month, with a tight range of 0.0007 ZAR (High: 0.0153 / Low: 0.0146).

November Spread (Volatile) ±0.0016

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0172) against the same month in 2021 (average: 0.0148), the exchange rate shifted by +0.0024 (+16.52%).

2022 Avg (October) 0.0172

2021 Avg (October) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0157	0.0147	0.0151
February	0.0153	0.0146	0.0148
March	0.0152	0.0143	0.0147
April	0.0157	0.0142	0.0147
May	0.0159	0.0151	0.0155
June	0.0159	0.0149	0.0154
July	0.0167	0.0160	0.0164
August	0.0165	0.0156	0.0162
September	0.0174	0.0165	0.0169
October	0.0175	0.0166	0.0172
November	0.0174	0.0157	0.0164
December	0.0166	0.0158	0.0161