2022 ETB to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ETB to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ETB to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 51.1190. Conversely, the yearly low was recorded on December 17, dropping to 46.7833.
This high-to-low spread represents a total annual volatility of 4.3358 SYP. From a start-to-finish perspective, comparing the January average rate of 50.6579 to the December average rate of 46.9302, the exchange rate registered a net change of -7.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 51.1190 was down 3.87% compared to the 2021 peak of 53.1746, 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 SYP 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 49.2324, compared to 47.5670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6654 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was February, with a trading range of 1.1721 SYP (High: 50.3477 / Low: 49.1757). On the other end, December was the most stable month, with a tight range of 0.2679 SYP (High: 47.0511 / Low: 46.7833).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9136 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 50.6579) against the same month in 2021 (average: 13.0116), the exchange rate shifted by +37.6463 (+289.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.1190 | 50.4052 | 50.6579 |
| February | 50.3477 | 49.1757 | 49.7443 |
| March | 49.3905 | 48.7554 | 49.1084 |
| April | 49.2452 | 48.4950 | 48.8819 |
| May | 48.8804 | 48.3971 | 48.6578 |
| June | 48.6924 | 48.0813 | 48.3441 |
| July | 48.3763 | 47.7278 | 48.0667 |
| August | 48.1328 | 47.4728 | 47.8337 |
| September | 48.1600 | 47.2612 | 47.7182 |
| October | 47.9207 | 47.0589 | 47.5731 |
| November | 47.5976 | 47.0119 | 47.2801 |
| December | 47.0511 | 46.7833 | 46.9302 |