2022 KWD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 KWD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the KWD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 175.6511. Conversely, the yearly low was recorded on January 1, dropping to 162.4675.
This high-to-low spread represents a total annual volatility of 13.1836 ETB. From a start-to-finish perspective, comparing the January average rate of 163.9479 to the December average rate of 174.6629, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 175.6511 was down 76.52% compared to the 2021 peak of 747.9771, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
KWD 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 167.5937, compared to 171.4724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8787 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was February, with a trading range of 3.6858 ETB (High: 168.5941 / Low: 164.9083). On the other end, December was the most stable month, with a tight range of 1.7836 ETB (High: 175.6511 / Low: 173.8675).
Growth Streaks & Declines
TrendsBetween April and August, 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 August and September, when the average rate fell by 0.6464 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 174.6629) against the same month in 2021 (average: 179.5294), the exchange rate shifted by -4.8665 (-2.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 164.5988 | 162.4675 | 163.9479 |
| February | 168.5941 | 164.9083 | 166.9346 |
| March | 169.7437 | 167.4624 | 168.3719 |
| April | 169.7068 | 167.5270 | 168.3593 |
| May | 169.7229 | 167.4540 | 168.4816 |
| June | 170.3595 | 168.4749 | 169.4669 |
| July | 171.2588 | 168.9176 | 170.0218 |
| August | 172.5550 | 170.1906 | 171.0018 |
| September | 171.4779 | 168.7757 | 170.3554 |
| October | 172.3275 | 168.9691 | 170.3438 |
| November | 173.8667 | 170.7766 | 172.4488 |
| December | 175.6511 | 173.8675 | 174.6629 |