2022 ERN to DJF Historical Review

YEARLY HIGH

179.7035 DJF

YEARLY LOW

175.9273 DJF

YEARLY AVERAGE

178.0150 DJF

2022 ERN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ERN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 179.7035. Conversely, the yearly low was recorded on September 18, dropping to 175.9273.

This high-to-low spread represents a total annual volatility of 3.7761 DJF. From a start-to-finish perspective, comparing the January average rate of 177.8509 to the December average rate of 177.8710, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 179.7035 was up 0.25% compared to the 2021 peak of 179.2616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 898,517 DJF

2021 Average 890,122 DJF

Yearly Trough Low 879,637 DJF

Transaction Impact: A difference of 18,880.68 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

178.4858

177.6048

JanuMarcMayJulySeptNove

ERN to DJF 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 178.1097, compared to 177.9204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1893 points.

H1 Avg (Jan–Jun) 178.1097

H2 Avg (Jul–Dec) 177.9204

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 3.5727 DJF (High: 179.5000 / Low: 175.9273). On the other end, January was the most stable month, with a tight range of 0.9051 DJF (High: 178.0587 / Low: 177.1535).

September Spread (Volatile) ±3.5727

January Spread (Stable) ±0.9051

Growth Streaks & Declines

Trends

Between 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 0.3511 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 178.4124) against the same month in 2021 (average: 177.9562), the exchange rate shifted by +0.4562 (+0.26%).

2022 Avg (April) 178.4124

2021 Avg (April) 177.9562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	178.0587	177.1535	177.8509
February	178.7423	176.7128	177.9168
March	178.8777	177.4382	178.1061
April	179.7035	177.8821	178.4124
May	179.0000	177.5500	178.1187
June	179.5417	177.8947	178.2531
July	178.3422	177.2116	177.9020
August	178.9463	177.8345	178.2573
September	179.5000	175.9273	177.9985
October	178.9372	176.0237	177.8154
November	178.1151	175.9460	177.6782
December	178.6216	177.5000	177.8710