YEARLY HIGH
4.5850 PKR
YEARLY LOW
3.4491 PKR
YEARLY AVERAGE
3.9313 PKR

2022 ETB to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 4.5850. Conversely, the yearly low was recorded on February 25, dropping to 3.4491.

This high-to-low spread represents a total annual volatility of 1.1359 PKR. From a start-to-finish perspective, comparing the January average rate of 3.5601 to the December average rate of 4.2071, the exchange rate registered a net change of 18.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 4.5850 was up 12.08% compared to the 2021 peak of 4.0910, 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 22,925 PKR
2021 Average 18,587 PKR
Yearly Trough Low 17,246 PKR
Transaction Impact: A difference of 5,679.34 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

4.4670
3.3882
JanuMarcMayJulySeptNove

ETB to PKR 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 3.6418, compared to 4.2209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5791 points.

H1 Avg (Jan–Jun) 3.6418
H2 Avg (Jul–Dec) 4.2209

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.6620 PKR (High: 4.5850 / Low: 3.9230). On the other end, December was the most stable month, with a tight range of 0.0419 PKR (High: 4.2288 / Low: 4.1869).

July Spread (Volatile) ±0.6620
December Spread (Stable) ±0.0419

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1910 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1910

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 4.1671) against the same month in 2021 (average: 3.6310), the exchange rate shifted by +0.5360 (+14.76%).

2022 Avg (July) 4.1671
2021 Avg (July) 3.6310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6267 3.5408 3.5601
February 3.5372 3.4491 3.4781
March 3.5645 3.4715 3.5193
April 3.6535 3.5280 3.5949
May 3.9278 3.5925 3.7585
June 4.0745 3.8049 3.9398
July 4.5850 3.9230 4.1671
August 4.5544 4.0649 4.2033
September 4.5633 4.1402 4.3771
October 4.3365 4.1124 4.1862
November 4.2170 4.1482 4.1846
December 4.2288 4.1869 4.2071