2022 BND to ETB Historical Review

YEARLY HIGH

39.8747 ETB

YEARLY LOW

36.2788 ETB

YEARLY AVERAGE

37.6750 ETB

2022 BND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 39.8747. Conversely, the yearly low was recorded on January 7, dropping to 36.2788.

This high-to-low spread represents a total annual volatility of 3.5959 ETB. From a start-to-finish perspective, comparing the January average rate of 36.7226 to the December average rate of 39.6018, the exchange rate registered a net change of 7.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 39.8747 was down 76.09% compared to the 2021 peak of 166.7581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 199,374 ETB

2021 Average 164,818 ETB

Yearly Trough Low 181,394 ETB

Transaction Impact: A difference of 17,979.61 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

39.8897

36.4347

JanuMarcMayJulySeptNove

BND to ETB 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 37.4010, compared to 37.9490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5480 points.

H1 Avg (Jan–Jun) 37.4010

H2 Avg (Jul–Dec) 37.9490

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.8430 ETB (High: 39.1170 / Low: 37.2741). On the other end, June was the most stable month, with a tight range of 0.4944 ETB (High: 37.8302 / Low: 37.3358).

November Spread (Volatile) ±1.8430

June Spread (Stable) ±0.4944

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.6261 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 39.6018) against the same month in 2021 (average: 39.8887), the exchange rate shifted by -0.2869 (-0.72%).

2022 Avg (December) 39.6018

2021 Avg (December) 39.8887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.0269	36.2788	36.7226
February	37.8520	36.9736	37.5080
March	37.8688	37.3459	37.6503
April	37.9358	37.2374	37.6177
May	38.0045	36.9211	37.3627
June	37.8302	37.3358	37.5446
July	38.0054	37.0825	37.4938
August	38.3397	37.5219	37.9425
September	37.8079	36.4328	37.3164
October	37.6860	36.6064	37.0324
November	39.1170	37.2741	38.3069
December	39.8747	39.3377	39.6018