YEARLY HIGH
24.7954 ETB
YEARLY LOW
22.5141 ETB
YEARLY AVERAGE
23.7369 ETB

2022 FJD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 24.7954. Conversely, the yearly low was recorded on October 23, dropping to 22.5141.

This high-to-low spread represents a total annual volatility of 2.2813 ETB. From a start-to-finish perspective, comparing the January average rate of 23.2808 to the December average rate of 24.2455, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 24.7954 was down 76.80% compared to the 2021 peak of 106.8594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 123,977 ETB
2021 Average 107,006 ETB
Yearly Trough Low 112,571 ETB
Transaction Impact: A difference of 11,406.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

24.4463
22.7494
JanuMarcMayJulySeptNove

FJD to ETB 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 23.8586, compared to 23.6153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2433 points.

H1 Avg (Jan–Jun) 23.8586
H2 Avg (Jul–Dec) 23.6153

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 1.2783 ETB (High: 24.7954 / Low: 23.5172). On the other end, January was the most stable month, with a tight range of 0.4690 ETB (High: 23.4880 / Low: 23.0190).

August Spread (Volatile) ±1.2783
January Spread (Stable) ±0.4690

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.5669 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 23.8930) against the same month in 2021 (average: 21.5621), the exchange rate shifted by +2.3309 (+10.81%).

2022 Avg (August) 23.8930
2021 Avg (August) 21.5621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.4880 23.0190 23.2808
February 24.0488 23.2551 23.6467
March 24.7276 23.9563 24.3049
April 24.6183 23.8217 24.2853
May 24.2587 23.2565 23.7535
June 24.3703 23.5261 23.8805
July 23.9573 23.3073 23.6550
August 24.7954 23.5172 23.8930
September 23.8075 22.6446 23.3262
October 23.4162 22.5141 22.8908
November 24.2486 22.9877 23.6810
December 24.5140 23.9850 24.2455