2022 NZD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NZD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 35.8561. Conversely, the yearly low was recorded on October 15, dropping to 29.3231.
This high-to-low spread represents a total annual volatility of 6.5330 ETB. From a start-to-finish perspective, comparing the January average rate of 33.4244 to the December average rate of 34.0201, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 35.8561 was down 76.76% compared to the 2021 peak of 154.2935, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NZD 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 33.8509, compared to 32.1597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6912 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 3.0917 ETB (High: 33.7370 / Low: 30.6454). On the other end, December was the most stable month, with a tight range of 1.0787 ETB (High: 34.5492 / Low: 33.4705).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.6138 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 35.1623) against the same month in 2021 (average: 28.8761), the exchange rate shifted by +6.2862 (+21.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.0229 | 32.5578 | 33.4244 |
| February | 34.3713 | 32.9963 | 33.7090 |
| March | 35.8561 | 34.5319 | 35.1623 |
| April | 35.6320 | 33.1633 | 34.6975 |
| May | 34.0382 | 32.2847 | 33.0837 |
| June | 33.9928 | 32.3938 | 33.0284 |
| July | 32.9930 | 31.8769 | 32.4385 |
| August | 33.8482 | 32.1554 | 32.8564 |
| September | 32.3923 | 29.4455 | 31.2769 |
| October | 31.0897 | 29.3231 | 30.0457 |
| November | 33.7370 | 30.6454 | 32.3208 |
| December | 34.5492 | 33.4705 | 34.0201 |