2022 ETB to SGD Historical Review

YEARLY HIGH

0.0275 SGD

YEARLY LOW

0.0250 SGD

YEARLY AVERAGE

0.0266 SGD

2022 ETB to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0275. Conversely, the yearly low was recorded on December 31, dropping to 0.0250.

This high-to-low spread represents a total annual volatility of 0.0025 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0272 to the December average rate of 0.0253, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0275 was down 18.78% compared to the 2021 peak of 0.0339, 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 138 SGD

2021 Average 154 SGD

Yearly Trough Low 125 SGD

Transaction Impact: A difference of 12.57 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0274

0.0251

JanuMarcMayJulySeptNove

ETB to SGD 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 0.0267, compared to 0.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0267

H2 Avg (Jul–Dec) 0.0264

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0013 SGD (High: 0.0268 / Low: 0.0254). On the other end, March was the most stable month, with a tight range of 0.0004 SGD (High: 0.0268 / Low: 0.0264).

November Spread (Volatile) ±0.0013

March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0272) against the same month in 2021 (average: 0.0336), the exchange rate shifted by -0.0064 (-19.05%).

2022 Avg (January) 0.0272

2021 Avg (January) 0.0336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0275	0.0270	0.0272
February	0.0270	0.0265	0.0267
March	0.0268	0.0264	0.0266
April	0.0269	0.0263	0.0266
May	0.0270	0.0263	0.0268
June	0.0268	0.0264	0.0266
July	0.0270	0.0263	0.0267
August	0.0266	0.0261	0.0264
September	0.0273	0.0265	0.0268
October	0.0273	0.0265	0.0270
November	0.0268	0.0254	0.0261
December	0.0254	0.0250	0.0253