2022 PEN to ETB Historical Review

YEARLY HIGH

14.1461 ETB

YEARLY LOW

12.3198 ETB

YEARLY AVERAGE

13.5546 ETB

2022 PEN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 14.1461. Conversely, the yearly low was recorded on January 1, dropping to 12.3198.

This high-to-low spread represents a total annual volatility of 1.8262 ETB. From a start-to-finish perspective, comparing the January average rate of 12.7397 to the December average rate of 13.9943, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 14.1461 was down 75.05% compared to the 2021 peak of 56.7025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,730 ETB

2021 Average 57,034 ETB

Yearly Trough Low 61,599 ETB

Transaction Impact: A difference of 9,131.09 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.1197

12.6142

JanuMarcMayJulySeptNove

PEN 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 13.5214, compared to 13.5879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0665 points.

H1 Avg (Jan–Jun) 13.5214

H2 Avg (Jul–Dec) 13.5879

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.7894 ETB (High: 13.6838 / Low: 12.8945). On the other end, October was the most stable month, with a tight range of 0.2634 ETB (High: 13.4151 / Low: 13.1518).

February Spread (Volatile) ±0.7894

October Spread (Stable) ±0.2634

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 0.4564 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4564

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 13.7586) against the same month in 2021 (average: 11.3136), the exchange rate shifted by +2.4450 (+21.61%).

2022 Avg (May) 13.7586

2021 Avg (May) 11.3136

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9670	12.3198	12.7397
February	13.6838	12.8945	13.3221
March	13.8095	13.4792	13.6776
April	14.0932	13.3876	13.7544
May	14.1461	13.4331	13.7586
June	14.0300	13.6641	13.8758
July	13.6240	13.1510	13.4194
August	13.7792	13.3531	13.5636
September	13.7170	13.2111	13.5443
October	13.4151	13.1518	13.2862
November	13.9608	13.3691	13.7195
December	14.1036	13.8277	13.9943