YEARLY HIGH
364.2919 RWF
YEARLY LOW
315.4383 RWF
YEARLY AVERAGE
336.6590 RWF

2022 TND to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 364.2919. Conversely, the yearly low was recorded on September 23, dropping to 315.4383.

This high-to-low spread represents a total annual volatility of 48.8536 RWF. From a start-to-finish perspective, comparing the January average rate of 355.9305 to the December average rate of 337.7220, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 364.2919 was down 1.55% compared to the 2021 peak of 370.0265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,821,459 RWF
2021 Average 1,802,506 RWF
Yearly Trough Low 1,577,191 RWF
Transaction Impact: A difference of 244,268.11 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

359.6992
319.6192
JanuMarcMayJulySeptNove

TND 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 344.6187, compared to 328.6992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.9195 points.

H1 Avg (Jan–Jun) 344.6187
H2 Avg (Jul–Dec) 328.6992

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 23.3865 RWF (High: 338.8248 / Low: 315.4383). On the other end, March was the most stable month, with a tight range of 8.1892 RWF (High: 350.9067 / Low: 342.7175).

September Spread (Volatile) ±23.3865
March Spread (Stable) ±8.1892

Growth Streaks & Declines

Trends

Between 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 10.3185 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.3185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 355.9305) against the same month in 2021 (average: 366.2106), the exchange rate shifted by -10.2801 (-2.81%).

2022 Avg (January) 355.9305
2021 Avg (January) 366.2106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 364.2919 350.4480 355.9305
February 363.4678 347.7589 356.3592
March 350.9067 342.7175 346.0407
April 346.9064 332.7140 340.5274
May 338.8592 329.1946 334.2926
June 340.5629 329.2885 334.5620
July 335.3500 322.8836 330.8871
August 332.6234 322.6714 326.6699
September 338.8248 315.4383 322.9592
October 329.3620 318.4597 323.9054
November 334.8030 323.5212 330.0517
December 342.5096 328.9921 337.7220