2022 ETB to JPY Historical Review

YEARLY HIGH

2.8413 JPY

YEARLY LOW

2.2284 JPY

YEARLY AVERAGE

2.5269 JPY

2022 ETB to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 2.8413. Conversely, the yearly low was recorded on March 5, dropping to 2.2284.

This high-to-low spread represents a total annual volatility of 0.6128 JPY. From a start-to-finish perspective, comparing the January average rate of 2.3159 to the December average rate of 2.5176, the exchange rate registered a net change of 8.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.8413 was up 4.01% compared to the 2021 peak of 2.7318, 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 14,206 JPY

2021 Average 12,541 JPY

Yearly Trough Low 11,142 JPY

Transaction Impact: A difference of 3,064.24 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.8336

2.2319

JanuMarcMayJulySeptNove

ETB to JPY 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 2.4084, compared to 2.6454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2371 points.

H1 Avg (Jan–Jun) 2.4084

H2 Avg (Jul–Dec) 2.6454

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.2225 JPY (High: 2.7932 / Low: 2.5706). On the other end, February was the most stable month, with a tight range of 0.0498 JPY (High: 2.3041 / Low: 2.2544).

November Spread (Volatile) ±0.2225

February Spread (Stable) ±0.0498

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1513 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.7835) against the same month in 2021 (average: 2.4195), the exchange rate shifted by +0.3640 (+15.05%).

2022 Avg (October) 2.7835

2021 Avg (October) 2.4195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3482	2.2894	2.3159
February	2.3041	2.2544	2.2821
March	2.4146	2.2284	2.3199
April	2.5325	2.3801	2.4575
May	2.5404	2.4477	2.4948
June	2.6212	2.5073	2.5801
July	2.6629	2.5415	2.6090
August	2.6471	2.5046	2.5789
September	2.7519	2.6609	2.7148
October	2.8413	2.7204	2.7835
November	2.7932	2.5706	2.6689
December	2.5729	2.4439	2.5176