2022 GNF to ETB Historical Review

YEARLY HIGH

0.0062 ETB

YEARLY LOW

0.0053 ETB

YEARLY AVERAGE

0.0059 ETB

2022 GNF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0062. Conversely, the yearly low was recorded on January 1, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0009 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0062, the exchange rate registered a net change of 12.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0062 was down 74.19% compared to the 2021 peak of 0.0241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 ETB

2021 Average 23 ETB

Yearly Trough Low 26 ETB

Transaction Impact: A difference of 4.70 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0062

0.0054

JanuMarcMayJulySeptNove

GNF 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 0.0057, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0057

H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2022 was January, with a trading range of 0.0003 ETB (High: 0.0055 / Low: 0.0053). On the other end, March was the most stable month, with a tight range of 0.0001 ETB (High: 0.0057 / Low: 0.0057).

January Spread (Volatile) ±0.0003

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0062) against the same month in 2021 (average: 0.0058), the exchange rate shifted by +0.0004 (+6.61%).

2022 Avg (December) 0.0062

2021 Avg (December) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0053	0.0055
February	0.0057	0.0055	0.0056
March	0.0057	0.0057	0.0057
April	0.0058	0.0057	0.0058
May	0.0059	0.0058	0.0058
June	0.0060	0.0058	0.0059
July	0.0061	0.0059	0.0060
August	0.0061	0.0059	0.0060
September	0.0061	0.0060	0.0061
October	0.0062	0.0060	0.0061
November	0.0062	0.0060	0.0061
December	0.0062	0.0061	0.0062