YEARLY HIGH
298.1573 IDR
YEARLY LOW
277.1707 IDR
YEARLY AVERAGE
285.8594 IDR

2022 ETB to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 298.1573. Conversely, the yearly low was recorded on June 4, dropping to 277.1707.

This high-to-low spread represents a total annual volatility of 20.9866 IDR. From a start-to-finish perspective, comparing the January average rate of 289.0164 to the December average rate of 290.8207, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 298.1573 was down 17.17% compared to the 2021 peak of 359.9826, 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 1,490,786 IDR
2021 Average 1,636,377 IDR
Yearly Trough Low 1,385,853 IDR
Transaction Impact: A difference of 104,932.80 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

295.9250
278.6689
JanuMarcMayJulySeptNove

ETB to IDR 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 283.2092, compared to 288.5095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3004 points.

H1 Avg (Jan–Jun) 283.2092
H2 Avg (Jul–Dec) 288.5095

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 11.1813 IDR (High: 298.1573 / Low: 286.9760). On the other end, January was the most stable month, with a tight range of 3.2411 IDR (High: 290.9721 / Low: 287.7310).

October Spread (Volatile) ±11.1813
January Spread (Stable) ±3.2411

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 4.7378 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.7378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 292.2427) against the same month in 2021 (average: 303.4726), the exchange rate shifted by -11.2299 (-3.70%).

2022 Avg (October) 292.2427
2021 Avg (October) 303.4726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 290.9721 287.7310 289.0164
February 287.6247 281.7071 284.2785
March 282.9109 278.7502 280.4969
April 282.7270 277.6767 280.1069
May 286.5463 279.3866 282.4153
June 286.8536 277.1707 282.9410
July 288.4147 282.6450 286.3780
August 286.2670 279.4016 282.3795
September 290.9449 282.1171 284.7493
October 298.1573 286.9760 292.2427
November 297.2061 291.6655 294.4870
December 294.6054 287.5623 290.8207