2022 GMD to ETB Historical Review

YEARLY HIGH

0.9765 ETB

YEARLY LOW

0.8554 ETB

YEARLY AVERAGE

0.9395 ETB

2022 GMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.9765. Conversely, the yearly low was recorded on December 9, dropping to 0.8554.

This high-to-low spread represents a total annual volatility of 0.1211 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9392 to the December average rate of 0.8626, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9765 was down 77.36% compared to the 2021 peak of 4.3124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,882 ETB

2021 Average 4,299 ETB

Yearly Trough Low 4,277 ETB

Transaction Impact: A difference of 605.31 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9777

0.8521

JanuMarcMayJulySeptNove

GMD 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 0.9527, compared to 0.9262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0265 points.

H1 Avg (Jan–Jun) 0.9527

H2 Avg (Jul–Dec) 0.9262

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0479 ETB (High: 0.9544 / Low: 0.9065). On the other end, December was the most stable month, with a tight range of 0.0111 ETB (High: 0.8666 / Low: 0.8554).

October Spread (Volatile) ±0.0479

December Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0626 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.9665) against the same month in 2021 (average: 0.8823), the exchange rate shifted by +0.0841 (+9.54%).

2022 Avg (August) 0.9665

2021 Avg (August) 0.8823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9467	0.9318	0.9392
February	0.9625	0.9405	0.9505
March	0.9676	0.9370	0.9557
April	0.9621	0.9464	0.9529
May	0.9646	0.9512	0.9570
June	0.9668	0.9529	0.9608
July	0.9745	0.9607	0.9673
August	0.9765	0.9526	0.9665
September	0.9710	0.9495	0.9606
October	0.9544	0.9065	0.9316
November	0.9082	0.8608	0.8690
December	0.8666	0.8554	0.8626