2022 SGD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SGD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SGD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 801.5215. Conversely, the yearly low was recorded on October 1, dropping to 725.3947.
This high-to-low spread represents a total annual volatility of 76.1268 RWF. From a start-to-finish perspective, comparing the January average rate of 760.4543 to the December average rate of 791.8292, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 801.5215 was up 4.96% compared to the 2021 peak of 763.6212, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SGD to RWF 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 750.2004, compared to 753.2545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0541 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 44.3037 RWF (High: 789.5447 / Low: 745.2409). On the other end, June was the most stable month, with a tight range of 15.9037 RWF (High: 749.2692 / Low: 733.3655).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 10.9274 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 791.8292) against the same month in 2021 (average: 750.0169), the exchange rate shifted by +41.8123 (+5.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 771.3669 | 749.4007 | 760.4543 |
| February | 774.5929 | 741.5937 | 761.5661 |
| March | 760.2334 | 743.5638 | 750.6387 |
| April | 757.9179 | 735.8583 | 747.8131 |
| May | 750.9131 | 732.2652 | 740.1476 |
| June | 749.2692 | 733.3655 | 740.5826 |
| July | 747.4549 | 727.8952 | 737.3088 |
| August | 757.5615 | 738.2220 | 746.0962 |
| September | 744.7746 | 725.3947 | 737.1804 |
| October | 751.3234 | 725.3947 | 740.2830 |
| November | 789.5447 | 745.2409 | 766.8296 |
| December | 801.5215 | 783.6068 | 791.8292 |