2022 ETB to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ETB to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ETB to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 11.0887. Conversely, the yearly low was recorded on July 28, dropping to 8.6009.
This high-to-low spread represents a total annual volatility of 2.4878 SDG. From a start-to-finish perspective, comparing the January average rate of 8.8385 to the December average rate of 10.6593, the exchange rate registered a net change of 20.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 11.0887 was down 88.16% compared to the 2021 peak of 93.6288, 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 SDG 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 8.7648, compared to 10.4116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6468 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 2.3395 SDG (High: 11.0401 / Low: 8.7006). On the other end, June was the most stable month, with a tight range of 0.0917 SDG (High: 8.8275 / Low: 8.7359).
Growth Streaks & Declines
TrendsBetween April and June, 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 September and October, when the average rate fell by 0.1510 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 10.9621) against the same month in 2021 (average: 9.5964), the exchange rate shifted by +1.3656 (+14.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.9013 | 8.8024 | 8.8385 |
| February | 8.8389 | 8.7017 | 8.7773 |
| March | 8.7917 | 8.6564 | 8.7358 |
| April | 8.7728 | 8.6279 | 8.7042 |
| May | 8.8361 | 8.6503 | 8.7546 |
| June | 8.8275 | 8.7359 | 8.7785 |
| July | 8.7891 | 8.6009 | 8.7297 |
| August | 11.0401 | 8.7006 | 10.5985 |
| September | 11.0887 | 10.8629 | 10.9621 |
| October | 10.9981 | 10.6870 | 10.8111 |
| November | 10.7855 | 10.6390 | 10.7088 |
| December | 10.7283 | 10.5948 | 10.6593 |