2022 BRL to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BRL to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BRL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 11.2084. Conversely, the yearly low was recorded on January 5, dropping to 8.6710.
This high-to-low spread represents a total annual volatility of 2.5374 ETB. From a start-to-finish perspective, comparing the January average rate of 8.9829 to the December average rate of 10.2051, the exchange rate registered a net change of 13.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 11.2084 was down 72.15% compared to the 2021 peak of 40.2451, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BRL to ETB 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 10.0951, compared to 10.0619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0332 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 1.0078 ETB (High: 10.9056 / Low: 9.8978). On the other end, December was the most stable month, with a tight range of 0.3367 ETB (High: 10.3810 / Low: 10.0443).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 0.5367 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 10.8388) against the same month in 2021 (average: 7.4657), the exchange rate shifted by +3.3731 (+45.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.3949 | 8.6710 | 8.9829 |
| February | 10.1094 | 9.3961 | 9.7132 |
| March | 10.8590 | 9.8989 | 10.2966 |
| April | 11.2084 | 10.3307 | 10.8388 |
| May | 10.9433 | 9.9677 | 10.4428 |
| June | 10.9056 | 9.8978 | 10.2966 |
| July | 10.1452 | 9.5261 | 9.7599 |
| August | 10.4974 | 9.9244 | 10.2255 |
| September | 10.3480 | 9.7183 | 10.0722 |
| October | 10.3066 | 9.7183 | 10.0387 |
| November | 10.4893 | 9.7965 | 10.0703 |
| December | 10.3810 | 10.0443 | 10.2051 |