2022 ZAR to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ZAR to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ZAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 70.5072. Conversely, the yearly low was recorded on October 15, dropping to 57.0787.
This high-to-low spread represents a total annual volatility of 13.4285 RWF. From a start-to-finish perspective, comparing the January average rate of 66.2782 to the December average rate of 61.9334, 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 70.5072 was down 5.55% compared to the 2021 peak of 74.6484, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ZAR 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 66.5058, compared to 60.5394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.9664 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 6.7130 RWF (High: 70.5072 / Low: 63.7942). On the other end, July was the most stable month, with a tight range of 2.8223 RWF (High: 62.6263 / Low: 59.8040).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 3.6834 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 68.0370) against the same month in 2021 (average: 68.7932), the exchange rate shifted by -0.7562 (-1.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.1868 | 63.6322 | 66.2782 |
| February | 68.7141 | 65.4676 | 67.3622 |
| March | 70.1406 | 65.8177 | 68.1893 |
| April | 70.5072 | 63.7942 | 68.0370 |
| May | 66.1983 | 62.9126 | 64.3536 |
| June | 67.1111 | 62.7408 | 64.8145 |
| July | 62.6263 | 59.8040 | 61.1518 |
| August | 64.0477 | 60.6505 | 61.8204 |
| September | 60.5493 | 57.5699 | 59.2548 |
| October | 60.3358 | 57.0787 | 58.1729 |
| November | 63.5563 | 57.5648 | 60.9034 |
| December | 63.2634 | 60.3433 | 61.9334 |