2022 ETB to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ETB to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ETB to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 333.9319. Conversely, the yearly low was recorded on March 5, dropping to 222.8183.
This high-to-low spread represents a total annual volatility of 111.1136 SLL. From a start-to-finish perspective, comparing the January average rate of 228.8699 to the December average rate of 329.9548, the exchange rate registered a net change of 44.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 333.9319 was up 28.20% compared to the 2021 peak of 260.4720, 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 SLL 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 236.3926, compared to 290.4661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.0735 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 62.7332 SLL (High: 324.6790 / Low: 261.9458). On the other end, December was the most stable month, with a tight range of 1.8832 SLL (High: 330.8052 / Low: 328.9220).
Growth Streaks & Declines
TrendsBetween March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.0360 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 331.7276) against the same month in 2021 (average: 230.4893), the exchange rate shifted by +101.2383 (+43.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 229.8021 | 227.5629 | 228.8699 |
| February | 228.9138 | 224.3200 | 226.8339 |
| March | 230.5640 | 222.8183 | 226.5582 |
| April | 255.5309 | 228.7751 | 236.2874 |
| May | 257.7718 | 242.7167 | 248.1543 |
| June | 253.9161 | 247.4766 | 251.6519 |
| July | 263.6414 | 252.2600 | 258.7473 |
| August | 263.3889 | 259.7773 | 261.7524 |
| September | 267.2970 | 260.9314 | 263.4197 |
| October | 324.6790 | 261.9458 | 297.1949 |
| November | 333.9319 | 326.0088 | 331.7276 |
| December | 330.8052 | 328.9220 | 329.9548 |