2022 NPR to ETB Historical Review

YEARLY HIGH

0.4263 ETB

YEARLY LOW

0.3980 ETB

YEARLY AVERAGE

0.4134 ETB

2022 NPR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.4263. Conversely, the yearly low was recorded on October 19, dropping to 0.3980.

This high-to-low spread represents a total annual volatility of 0.0283 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4165 to the December average rate of 0.4058, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4263 was down 77.40% compared to the 2021 peak of 1.8865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,131 ETB

2021 Average 1,874 ETB

Yearly Trough Low 1,990 ETB

Transaction Impact: A difference of 141.41 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4235

0.3990

JanuMarcMayJulySeptNove

NPR 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 0.4188, compared to 0.4080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.4188

H2 Avg (Jul–Dec) 0.4080

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0145 ETB (High: 0.4165 / Low: 0.4020). On the other end, April was the most stable month, with a tight range of 0.0052 ETB (High: 0.4242 / Low: 0.4190).

September Spread (Volatile) ±0.0145

April Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0098 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.4212) against the same month in 2021 (average: 0.3426), the exchange rate shifted by +0.0786 (+22.95%).

2022 Avg (February) 0.4212

2021 Avg (February) 0.3426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4197	0.4130	0.4165
February	0.4263	0.4163	0.4212
March	0.4231	0.4137	0.4196
April	0.4242	0.4190	0.4215
May	0.4235	0.4148	0.4179
June	0.4185	0.4127	0.4161
July	0.4134	0.4081	0.4111
August	0.4171	0.4083	0.4126
September	0.4165	0.4020	0.4108
October	0.4050	0.3980	0.4010
November	0.4129	0.3999	0.4069
December	0.4113	0.4038	0.4058