2022 MXN to ETB Historical Review

YEARLY HIGH

2.7903 ETB

YEARLY LOW

2.3887 ETB

YEARLY AVERAGE

2.5845 ETB

2022 MXN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 2.7903. Conversely, the yearly low was recorded on January 30, dropping to 2.3887.

This high-to-low spread represents a total annual volatility of 0.4016 ETB. From a start-to-finish perspective, comparing the January average rate of 2.4190 to the December average rate of 2.7333, the exchange rate registered a net change of 12.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.7903 was down 74.49% compared to the 2021 peak of 10.9381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 139,517 ETB

2021 Average 109,205 ETB

Yearly Trough Low 119,435 ETB

Transaction Impact: A difference of 20,082.00 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.7647

2.3876

JanuMarcMayJulySeptNove

MXN 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 2.5201, compared to 2.6489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1289 points.

H1 Avg (Jan–Jun) 2.5201

H2 Avg (Jul–Dec) 2.6489

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1863 ETB (High: 2.5761 / Low: 2.3897). On the other end, January was the most stable month, with a tight range of 0.0605 ETB (High: 2.4492 / Low: 2.3887).

March Spread (Volatile) ±0.1863

January Spread (Stable) ±0.0605

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0518 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.7333) against the same month in 2021 (average: 2.6045), the exchange rate shifted by +0.1288 (+4.94%).

2022 Avg (December) 2.7333

2021 Avg (December) 2.6045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4492	2.3887	2.4190
February	2.5057	2.4209	2.4675
March	2.5761	2.3897	2.4905
April	2.6086	2.5184	2.5608
May	2.6562	2.5261	2.5810
June	2.6643	2.5292	2.6016
July	2.5836	2.4978	2.5498
August	2.6499	2.5193	2.6092
September	2.6572	2.5865	2.6261
October	2.6954	2.6109	2.6428
November	2.7734	2.6937	2.7323
December	2.7903	2.6917	2.7333