YEARLY HIGH
0.0129 ETB
YEARLY LOW
0.0120 ETB
YEARLY AVERAGE
0.0126 ETB

2022 MGA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 0.0129. Conversely, the yearly low was recorded on December 31, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0010 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0121, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0129 was down 77.25% compared to the 2021 peak of 0.0569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 ETB
2021 Average 57 ETB
Yearly Trough Low 60 ETB
Transaction Impact: A difference of 4.84 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0129
0.0120
JanuMarcMayJulySeptNove

MGA 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 0.0127, compared to 0.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0127
H2 Avg (Jul–Dec) 0.0124

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0004 ETB (High: 0.0128 / Low: 0.0124). On the other end, April was the most stable month, with a tight range of 0.0001 ETB (High: 0.0128 / Low: 0.0127).

July Spread (Volatile) ±0.0004
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0129) against the same month in 2021 (average: 0.0113), the exchange rate shifted by +0.0015 (+13.41%).

2022 Avg (May) 0.0129
2021 Avg (May) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0125 0.0124 0.0125
February 0.0128 0.0125 0.0127
March 0.0129 0.0126 0.0127
April 0.0128 0.0127 0.0128
May 0.0129 0.0127 0.0129
June 0.0129 0.0128 0.0128
July 0.0128 0.0124 0.0126
August 0.0128 0.0124 0.0126
September 0.0127 0.0125 0.0126
October 0.0125 0.0124 0.0124
November 0.0125 0.0122 0.0123
December 0.0122 0.0120 0.0121