YEARLY HIGH
0.0264 ETB
YEARLY LOW
0.0245 ETB
YEARLY AVERAGE
0.0257 ETB

2022 CDF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CDF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0264. Conversely, the yearly low was recorded on January 1, dropping to 0.0245.

This high-to-low spread represents a total annual volatility of 0.0019 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0262, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0264 was down 76.63% compared to the 2021 peak of 0.1131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132 ETB
2021 Average 111 ETB
Yearly Trough Low 123 ETB
Transaction Impact: A difference of 9.42 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0263
0.0246
JanuMarcMayJulySeptNove

CDF 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 0.0254, compared to 0.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0254
H2 Avg (Jul–Dec) 0.0260

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0010 ETB (High: 0.0264 / Low: 0.0254). On the other end, November was the most stable month, with a tight range of 0.0002 ETB (High: 0.0260 / Low: 0.0258).

August Spread (Volatile) ±0.0010
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0262) against the same month in 2021 (average: 0.0272), the exchange rate shifted by -0.0010 (-3.67%).

2022 Avg (December) 0.0262
2021 Avg (December) 0.0272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0249 0.0245 0.0247
February 0.0254 0.0249 0.0251
March 0.0257 0.0253 0.0255
April 0.0258 0.0254 0.0256
May 0.0260 0.0253 0.0257
June 0.0261 0.0258 0.0260
July 0.0263 0.0261 0.0262
August 0.0264 0.0254 0.0261
September 0.0260 0.0257 0.0258
October 0.0261 0.0257 0.0258
November 0.0260 0.0258 0.0259
December 0.0264 0.0260 0.0262