YEARLY HIGH
70.4860 RWF
YEARLY LOW
57.2794 RWF
YEARLY AVERAGE
63.5580 RWF

2022 SZL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SZL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 70.4860. Conversely, the yearly low was recorded on October 25, dropping to 57.2794.

This high-to-low spread represents a total annual volatility of 13.2066 RWF. From a start-to-finish perspective, comparing the January average rate of 66.3889 to the December average rate of 62.0357, the exchange rate registered a net change of -6.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 70.4860 was down 4.68% compared to the 2021 peak of 73.9492, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SZL based on timing:

Yearly Peak High 352,430 RWF
2021 Average 339,259 RWF
Yearly Trough Low 286,397 RWF
Transaction Impact: A difference of 66,033.06 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

69.1627
57.1474
JanuMarcMayJulySeptNove

SZL to RWF 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 66.5430, compared to 60.5731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.9699 points.

H1 Avg (Jan–Jun) 66.5430
H2 Avg (Jul–Dec) 60.5731

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 6.5414 RWF (High: 70.4860 / Low: 63.9446). On the other end, October was the most stable month, with a tight range of 2.6854 RWF (High: 59.9648 / Low: 57.2794).

April Spread (Volatile) ±6.5414
October Spread (Stable) ±2.6854

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 3.8265 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.8265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 68.1614) against the same month in 2021 (average: 68.7105), the exchange rate shifted by -0.5491 (-0.80%).

2022 Avg (April) 68.1614
2021 Avg (April) 68.7105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.0889 63.6364 66.3889
February 68.8858 65.7468 67.4036
March 70.0730 65.8121 67.9859
April 70.4860 63.9446 68.1614
May 65.9573 63.0161 64.3349
June 67.4866 62.7384 64.9831
July 63.6035 59.7824 61.2467
August 63.6532 60.5090 61.8222
September 60.8831 57.6051 59.4320
October 59.9648 57.2794 58.1487
November 63.5207 57.7167 60.7531
December 63.2670 60.3242 62.0357