YEARLY HIGH
0.0013 ETB
YEARLY LOW
0.0012 ETB
YEARLY AVERAGE
0.0012 ETB

2022 IRR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IRR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0013. Conversely, the yearly low was recorded on January 1, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0001 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0013, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0013 was down 75.76% compared to the 2021 peak of 0.0054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6 ETB
2021 Average 5 ETB
Yearly Trough Low 6 ETB
Transaction Impact: A difference of 0.68 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0013
0.0012
JanuMarcMayJulySeptNove

IRR 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 0.0012, compared to 0.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0012
H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.0000 ETB (High: 0.0013 / Low: 0.0013). On the other end, May was the most stable month, with a tight range of 0.0000 ETB (High: 0.0012 / Low: 0.0012).

December Spread (Volatile) ±0.0000
May Spread (Stable) ±0.0000

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: 0.0013) against the same month in 2021 (average: 0.0013), the exchange rate shifted by -0.0000 (-0.21%).

2022 Avg (December) 0.0013
2021 Avg (December) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0012 0.0012 0.0012
February 0.0012 0.0012 0.0012
March 0.0012 0.0012 0.0012
April 0.0012 0.0012 0.0012
May 0.0012 0.0012 0.0012
June 0.0012 0.0012 0.0012
July 0.0012 0.0012 0.0012
August 0.0012 0.0012 0.0012
September 0.0013 0.0012 0.0012
October 0.0013 0.0012 0.0012
November 0.0013 0.0012 0.0013
December 0.0013 0.0013 0.0013