YEARLY HIGH
40.7426 CDF
YEARLY LOW
37.8378 CDF
YEARLY AVERAGE
38.9028 CDF

2022 ETB to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 40.7426. Conversely, the yearly low was recorded on December 31, dropping to 37.8378.

This high-to-low spread represents a total annual volatility of 2.9048 CDF. From a start-to-finish perspective, comparing the January average rate of 40.4371 to the December average rate of 38.2088, the exchange rate registered a net change of -5.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 40.7426 was down 18.91% compared to the 2021 peak of 50.2412, 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 203,713 CDF
2021 Average 227,699 CDF
Yearly Trough Low 189,189 CDF
Transaction Impact: A difference of 14,523.93 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

40.6599
37.9860
JanuMarcMayJulySeptNove

ETB to CDF 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 39.3342, compared to 38.4715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8626 points.

H1 Avg (Jan–Jun) 39.3342
H2 Avg (Jul–Dec) 38.4715

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 1.4588 CDF (High: 39.3765 / Low: 37.9177). On the other end, November was the most stable month, with a tight range of 0.2981 CDF (High: 38.7358 / Low: 38.4377).

August Spread (Volatile) ±1.4588
November Spread (Stable) ±0.2981

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6454 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 40.4371) against the same month in 2021 (average: 50.0706), the exchange rate shifted by -9.6335 (-19.24%).

2022 Avg (January) 40.4371
2021 Avg (January) 50.0706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.7426 40.2344 40.4371
February 40.2407 39.3289 39.7917
March 39.5971 38.9317 39.2467
April 39.4040 38.8020 39.0814
May 39.4951 38.5109 38.9219
June 38.8275 38.3322 38.5260
July 38.3509 37.9983 38.2302
August 39.3765 37.9177 38.3082
September 38.9157 38.4075 38.7859
October 38.9414 38.2932 38.7435
November 38.7358 38.4377 38.5524
December 38.4452 37.8378 38.2088