2022 ETB to NAD Historical Review

YEARLY HIGH

0.3495 NAD

YEARLY LOW

0.2825 NAD

YEARLY AVERAGE

0.3137 NAD

2022 ETB to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.3495. Conversely, the yearly low was recorded on March 26, dropping to 0.2825.

This high-to-low spread represents a total annual volatility of 0.0670 NAD. From a start-to-finish perspective, comparing the January average rate of 0.3126 to the December average rate of 0.3221, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3495 was down 11.16% compared to the 2021 peak of 0.3934, 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 1,747 NAD

2021 Average 1,690 NAD

Yearly Trough Low 1,412 NAD

Transaction Impact: A difference of 335.04 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3479

0.2864

JanuMarcMayJulySeptNove

ETB to NAD 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 0.3019, compared to 0.3255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0236 points.

H1 Avg (Jan–Jun) 0.3019

H2 Avg (Jul–Dec) 0.3255

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0298 NAD (High: 0.3123 / Low: 0.2825). On the other end, December was the most stable month, with a tight range of 0.0130 NAD (High: 0.3300 / Low: 0.3171).

March Spread (Volatile) ±0.0298

December Spread (Stable) ±0.0130

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 October and November, when the average rate fell by 0.0132 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.3428) against the same month in 2021 (average: 0.3181), the exchange rate shifted by +0.0247 (+7.76%).

2022 Avg (October) 0.3428

2021 Avg (October) 0.3181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3245	0.3033	0.3126
February	0.3099	0.2962	0.3017
March	0.3123	0.2825	0.2936
April	0.3116	0.2835	0.2916
May	0.3148	0.3005	0.3084
June	0.3098	0.2961	0.3036
July	0.3241	0.2996	0.3076
August	0.3239	0.3084	0.3180
September	0.3437	0.3222	0.3331
October	0.3495	0.3364	0.3428
November	0.3447	0.3174	0.3295
December	0.3300	0.3171	0.3221