2022 ETB to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ETB to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ETB to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 11.2339. Conversely, the yearly low was recorded on April 26, dropping to 7.8253.
This high-to-low spread represents a total annual volatility of 3.4086 AOA. From a start-to-finish perspective, comparing the January average rate of 10.8449 to the December average rate of 9.4235, the exchange rate registered a net change of -13.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 11.2339 was down 32.86% compared to the 2021 peak of 16.7329, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ETB to AOA 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 9.1090, compared to 8.6610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4481 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 0.9743 AOA (High: 9.7233 / Low: 8.7491). On the other end, December was the most stable month, with a tight range of 0.0952 AOA (High: 9.4837 / Low: 9.3885).
Growth Streaks & Declines
TrendsBetween September and December, 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 February and March, when the average rate fell by 1.0730 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 10.8449) against the same month in 2021 (average: 16.6367), the exchange rate shifted by -5.7918 (-34.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.2339 | 10.6156 | 10.8449 |
| February | 10.5519 | 9.7360 | 10.1913 |
| March | 9.7233 | 8.7491 | 9.1183 |
| April | 8.7154 | 7.8253 | 8.2459 |
| May | 8.1750 | 7.8300 | 7.9680 |
| June | 8.3796 | 8.1840 | 8.2858 |
| July | 8.2976 | 8.1845 | 8.2399 |
| August | 8.2594 | 8.1029 | 8.1781 |
| September | 8.2430 | 8.1101 | 8.1725 |
| October | 9.1273 | 8.1932 | 8.5370 |
| November | 9.6581 | 9.1593 | 9.4148 |
| December | 9.4837 | 9.3885 | 9.4235 |