YEARLY HIGH
0.0904 MYR
YEARLY LOW
0.0811 MYR
YEARLY AVERAGE
0.0847 MYR

2022 ETB to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.0904. Conversely, the yearly low was recorded on March 5, dropping to 0.0811.

This high-to-low spread represents a total annual volatility of 0.0093 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0845 to the December average rate of 0.0824, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0904 was down 12.56% compared to the 2021 peak of 0.1033, 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 452 MYR
2021 Average 474 MYR
Yearly Trough Low 405 MYR
Transaction Impact: A difference of 46.38 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0895
0.0814
JanuMarcMayJulySeptNove

ETB to MYR 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 0.0837, compared to 0.0857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0837
H2 Avg (Jul–Dec) 0.0857

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0061 MYR (High: 0.0899 / Low: 0.0838). On the other end, June was the most stable month, with a tight range of 0.0009 MYR (High: 0.0851 / Low: 0.0842).

November Spread (Volatile) ±0.0061
June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0043 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0888) against the same month in 2021 (average: 0.0890), the exchange rate shifted by -0.0002 (-0.20%).

2022 Avg (October) 0.0888
2021 Avg (October) 0.0890

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0854 0.0840 0.0845
February 0.0839 0.0822 0.0829
March 0.0826 0.0811 0.0821
April 0.0849 0.0818 0.0830
May 0.0854 0.0841 0.0848
June 0.0851 0.0842 0.0847
July 0.0854 0.0845 0.0849
August 0.0855 0.0842 0.0850
September 0.0882 0.0851 0.0862
October 0.0904 0.0873 0.0888
November 0.0899 0.0838 0.0868
December 0.0828 0.0818 0.0824