2022 FKP to ETB Historical Review

YEARLY HIGH

69.1274 ETB

YEARLY LOW

56.5524 ETB

YEARLY AVERAGE

64.1963 ETB

2022 FKP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 69.1274. Conversely, the yearly low was recorded on September 27, dropping to 56.5524.

This high-to-low spread represents a total annual volatility of 12.5750 ETB. From a start-to-finish perspective, comparing the January average rate of 67.2209 to the December average rate of 65.1715, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 69.1274 was down 77.28% compared to the 2021 peak of 304.3189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 345,637 ETB

2021 Average 304,563 ETB

Yearly Trough Low 282,762 ETB

Transaction Impact: A difference of 62,874.94 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

69.2089

58.7915

JanuMarcMayJulySeptNove

FKP 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 66.2873, compared to 62.1054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1818 points.

H1 Avg (Jan–Jun) 66.2873

H2 Avg (Jul–Dec) 62.1054

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 5.3883 ETB (High: 64.7346 / Low: 59.3463). On the other end, January was the most stable month, with a tight range of 1.5065 ETB (High: 68.0139 / Low: 66.5074).

November Spread (Volatile) ±5.3883

January Spread (Stable) ±1.5065

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.1765 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.1765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 68.3408) against the same month in 2021 (average: 55.2731), the exchange rate shifted by +13.0677 (+23.64%).

2022 Avg (February) 68.3408

2021 Avg (February) 55.2731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.0139	66.5074	67.2209
February	69.1274	67.4803	68.3408
March	68.5799	66.3334	67.3432
April	67.5029	64.3741	66.5127
May	65.6505	63.0995	64.2914
June	65.2813	62.4920	64.0145
July	63.9145	61.7744	62.7835
August	64.3095	61.0420	62.8361
September	61.6120	56.5524	59.6596
October	61.6690	57.8839	59.6659
November	64.7346	59.3463	62.5158
December	66.4866	64.4640	65.1715