2022 ETB to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ETB to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ETB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 19.8979. Conversely, the yearly low was recorded on March 5, dropping to 15.6729.
This high-to-low spread represents a total annual volatility of 4.2250 MWK. From a start-to-finish perspective, comparing the January average rate of 16.4567 to the December average rate of 19.1467, the exchange rate registered a net change of 16.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 19.8979 was up 0.48% compared to the 2021 peak of 19.8020, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ETB to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.4693, compared to 19.3985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9292 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 4.2232 MWK (High: 19.8979 / Low: 15.6747). On the other end, November was the most stable month, with a tight range of 0.1534 MWK (High: 19.3631 / Low: 19.2097).
Growth Streaks & Declines
TrendsBetween May and July, 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 0.4939 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 18.8716) against the same month in 2021 (average: 18.3759), the exchange rate shifted by +0.4957 (+2.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.5788 | 16.3883 | 16.4567 |
| February | 16.3799 | 15.6787 | 15.9627 |
| March | 16.0373 | 15.6729 | 15.8607 |
| April | 16.0263 | 15.7723 | 15.8515 |
| May | 16.1693 | 15.6842 | 15.8127 |
| June | 19.8979 | 15.6747 | 18.8716 |
| July | 19.6838 | 19.5040 | 19.6143 |
| August | 19.6837 | 19.3846 | 19.5101 |
| September | 19.5057 | 19.3368 | 19.4476 |
| October | 19.5259 | 19.2362 | 19.3941 |
| November | 19.3631 | 19.2097 | 19.2783 |
| December | 19.2286 | 18.9697 | 19.1467 |