YEARLY HIGH
0.7259 THB
YEARLY LOW
0.6324 THB
YEARLY AVERAGE
0.6741 THB

2022 ETB to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.7259. Conversely, the yearly low was recorded on February 20, dropping to 0.6324.

This high-to-low spread represents a total annual volatility of 0.0935 THB. From a start-to-finish perspective, comparing the January average rate of 0.6700 to the December average rate of 0.6491, the exchange rate registered a net change of -3.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7259 was down 6.17% compared to the 2021 peak of 0.7736, 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 3,629 THB
2021 Average 3,649 THB
Yearly Trough Low 3,162 THB
Transaction Impact: A difference of 467.31 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7252
0.6387
JanuMarcMayJulySeptNove

ETB to THB 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 0.6602, compared to 0.6881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0279 points.

H1 Avg (Jan–Jun) 0.6602
H2 Avg (Jul–Dec) 0.6881

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0589 THB (High: 0.7154 / Low: 0.6565). On the other end, December was the most stable month, with a tight range of 0.0127 THB (High: 0.6563 / Low: 0.6436).

November Spread (Volatile) ±0.0589
December Spread (Stable) ±0.0127

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0352 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.7180) against the same month in 2021 (average: 0.7157), the exchange rate shifted by +0.0023 (+0.32%).

2022 Avg (October) 0.7180
2021 Avg (October) 0.7157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6816 0.6618 0.6700
February 0.6652 0.6324 0.6459
March 0.6600 0.6342 0.6499
April 0.6690 0.6514 0.6572
May 0.6736 0.6568 0.6659
June 0.6826 0.6586 0.6721
July 0.7035 0.6822 0.6946
August 0.6959 0.6707 0.6820
September 0.7203 0.6834 0.7020
October 0.7259 0.7059 0.7180
November 0.7154 0.6565 0.6829
December 0.6563 0.6436 0.6491