2022 GTQ to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GTQ to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GTQ to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 6.8406. Conversely, the yearly low was recorded on January 1, dropping to 6.3674.
This high-to-low spread represents a total annual volatility of 0.4733 ETB. From a start-to-finish perspective, comparing the January average rate of 6.4364 to the December average rate of 6.8031, the exchange rate registered a net change of 5.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 6.8406 was down 76.66% compared to the 2021 peak of 29.3056, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GTQ to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.6307, compared to 6.7704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1397 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.1860 ETB (High: 6.8105 / Low: 6.6245). On the other end, May was the most stable month, with a tight range of 0.0629 ETB (High: 6.7671 / Low: 6.7041).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0377 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 6.8083) against the same month in 2021 (average: 6.1404), the exchange rate shifted by +0.6679 (+10.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.4823 | 6.3674 | 6.4364 |
| February | 6.6420 | 6.4892 | 6.5612 |
| March | 6.6779 | 6.5975 | 6.6390 |
| April | 6.7475 | 6.6331 | 6.6940 |
| May | 6.7671 | 6.7041 | 6.7329 |
| June | 6.7541 | 6.6909 | 6.7206 |
| July | 6.8018 | 6.7279 | 6.7531 |
| August | 6.8149 | 6.7383 | 6.7837 |
| September | 6.8033 | 6.6745 | 6.7560 |
| October | 6.8105 | 6.6245 | 6.7183 |
| November | 6.8406 | 6.7642 | 6.8083 |
| December | 6.8360 | 6.7530 | 6.8031 |