YEARLY HIGH
0.6140 TWD
YEARLY LOW
0.5461 TWD
YEARLY AVERAGE
0.5731 TWD

2022 ETB to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.6140. Conversely, the yearly low was recorded on March 5, dropping to 0.5461.

This high-to-low spread represents a total annual volatility of 0.0679 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5576 to the December average rate of 0.5733, the exchange rate registered a net change of 2.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6140 was down 14.18% compared to the 2021 peak of 0.7155, 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 3,070 TWD
2021 Average 3,194 TWD
Yearly Trough Low 2,731 TWD
Transaction Impact: A difference of 339.67 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6102
0.5465
JanuMarcMayJulySeptNove

ETB to TWD 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 0.5620, compared to 0.5841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.5620
H2 Avg (Jul–Dec) 0.5841

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0305 TWD (High: 0.6068 / Low: 0.5763). On the other end, December was the most stable month, with a tight range of 0.0061 TWD (High: 0.5757 / Low: 0.5697).

November Spread (Volatile) ±0.0305
December Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0165 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.6049) against the same month in 2021 (average: 0.5967), the exchange rate shifted by +0.0082 (+1.38%).

2022 Avg (October) 0.6049
2021 Avg (October) 0.5967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5639 0.5521 0.5576
February 0.5564 0.5474 0.5518
March 0.5627 0.5461 0.5553
April 0.5733 0.5572 0.5656
May 0.5786 0.5584 0.5725
June 0.5736 0.5618 0.5693
July 0.5755 0.5665 0.5712
August 0.5791 0.5661 0.5728
September 0.6052 0.5805 0.5926
October 0.6140 0.5944 0.6049
November 0.6068 0.5763 0.5898
December 0.5757 0.5697 0.5733