2022 ETB to IRR Historical Review

YEARLY HIGH

860.1221 IRR

YEARLY LOW

770.4019 IRR

YEARLY AVERAGE

814.2954 IRR

2022 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 860.1221. Conversely, the yearly low was recorded on December 17, dropping to 770.4019.

This high-to-low spread represents a total annual volatility of 89.7202 IRR. From a start-to-finish perspective, comparing the January average rate of 852.1938 to the December average rate of 779.2562, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 860.1221 was down 19.77% compared to the 2021 peak of 1072.0957, 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 4,300,610 IRR

2021 Average 4,821,634 IRR

Yearly Trough Low 3,852,009 IRR

Transaction Impact: A difference of 448,601.05 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

859.4876

771.9625

JanuMarcMayJulySeptNove

ETB to IRR 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 828.8490, compared to 799.7417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 29.1073 points.

H1 Avg (Jan–Jun) 828.8490

H2 Avg (Jul–Dec) 799.7417

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 23.8322 IRR (High: 794.2341 / Low: 770.4019). On the other end, May was the most stable month, with a tight range of 5.3063 IRR (High: 822.0282 / Low: 816.7219).

December Spread (Volatile) ±23.8322

May Spread (Stable) ±5.3063

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 18.0809 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -18.0809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 852.1938) against the same month in 2021 (average: 1068.3259), the exchange rate shifted by -216.1321 (-20.23%).

2022 Avg (January) 852.1938

2021 Avg (January) 1068.3259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	860.1221	847.7785	852.1938
February	847.3131	827.5884	836.8253
March	831.6948	820.7822	826.5795
April	830.2294	815.5041	823.4308
May	822.0282	816.7219	819.5213
June	820.7364	810.4348	814.5434
July	815.4069	804.4769	810.0971
August	811.1473	800.1782	805.8934
September	812.7208	796.6127	803.9987
October	807.7292	794.1384	801.8678
November	802.2831	794.2814	797.3372
December	794.2341	770.4019	779.2562