YEARLY HIGH
0.0388 BAM
YEARLY LOW
0.0338 BAM
YEARLY AVERAGE
0.0358 BAM

2022 ETB to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.0388. Conversely, the yearly low was recorded on February 20, dropping to 0.0338.

This high-to-low spread represents a total annual volatility of 0.0049 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0348 to the December average rate of 0.0345, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0388 was down 6.45% compared to the 2021 peak of 0.0414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 194 BAM
2021 Average 189 BAM
Yearly Trough Low 169 BAM
Transaction Impact: A difference of 24.65 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0381
0.0338
JanuMarcMayJulySeptNove

ETB to BAM 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 0.0350, compared to 0.0365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0350
H2 Avg (Jul–Dec) 0.0365

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0027 BAM (High: 0.0377 / Low: 0.0351). On the other end, December was the most stable month, with a tight range of 0.0009 BAM (High: 0.0351 / Low: 0.0342).

November Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0374) against the same month in 2021 (average: 0.0360), the exchange rate shifted by +0.0014 (+3.85%).

2022 Avg (September) 0.0374
2021 Avg (September) 0.0360

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0353 0.0344 0.0348
February 0.0348 0.0338 0.0341
March 0.0353 0.0342 0.0347
April 0.0360 0.0344 0.0351
May 0.0365 0.0349 0.0358
June 0.0361 0.0350 0.0356
July 0.0374 0.0359 0.0367
August 0.0375 0.0362 0.0368
September 0.0388 0.0365 0.0374
October 0.0382 0.0369 0.0377
November 0.0377 0.0351 0.0361
December 0.0351 0.0342 0.0345