2022 ETB to ZAR Historical Review

YEARLY HIGH

0.3490 ZAR

YEARLY LOW

0.2828 ZAR

YEARLY AVERAGE

0.3150 ZAR

2022 ETB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.3490. Conversely, the yearly low was recorded on March 26, dropping to 0.2828.

This high-to-low spread represents a total annual volatility of 0.0663 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3126 to the December average rate of 0.3230, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3490 was down 11.43% compared to the 2021 peak of 0.3941, 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 1,745 ZAR

2021 Average 1,690 ZAR

Yearly Trough Low 1,414 ZAR

Transaction Impact: A difference of 331.44 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3481

0.2873

JanuMarcMayJulySeptNove

ETB to ZAR 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 0.3019, compared to 0.3280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0261 points.

H1 Avg (Jan–Jun) 0.3019

H2 Avg (Jul–Dec) 0.3280

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0281 ZAR (High: 0.3465 / Low: 0.3184). On the other end, February was the most stable month, with a tight range of 0.0125 ZAR (High: 0.3086 / Low: 0.2961).

November Spread (Volatile) ±0.0281

February Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between August and October, 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 0.0148 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.3431) against the same month in 2021 (average: 0.3181), the exchange rate shifted by +0.0249 (+7.84%).

2022 Avg (October) 0.3431

2021 Avg (October) 0.3181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3245	0.3037	0.3126
February	0.3086	0.2961	0.3017
March	0.3015	0.2828	0.2925
April	0.3097	0.2831	0.2924
May	0.3158	0.2984	0.3078
June	0.3125	0.2942	0.3045
July	0.3284	0.3131	0.3217
August	0.3256	0.3091	0.3182
September	0.3439	0.3247	0.3339
October	0.3490	0.3336	0.3431
November	0.3465	0.3184	0.3283
December	0.3294	0.3161	0.3230