2022 PGK to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 15.2415. Conversely, the yearly low was recorded on January 1, dropping to 13.9433.
This high-to-low spread represents a total annual volatility of 1.2982 ETB. From a start-to-finish perspective, comparing the January average rate of 14.0754 to the December average rate of 15.1822, the exchange rate registered a net change of 7.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 15.2415 was down 76.31% compared to the 2021 peak of 64.3437, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PGK 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 14.4710, compared to 14.9777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5067 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 0.3795 ETB (High: 14.7653 / Low: 14.3858). On the other end, March was the most stable month, with a tight range of 0.1307 ETB (High: 14.5776 / Low: 14.4469).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0035 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 15.1822) against the same month in 2021 (average: 15.4040), the exchange rate shifted by -0.2218 (-1.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.1864 | 13.9433 | 14.0754 |
| February | 14.4833 | 14.2000 | 14.3473 |
| March | 14.5776 | 14.4469 | 14.5276 |
| April | 14.6853 | 14.4915 | 14.5977 |
| May | 14.7081 | 14.5529 | 14.6408 |
| June | 14.7653 | 14.3858 | 14.6374 |
| July | 14.9296 | 14.6173 | 14.7371 |
| August | 14.9816 | 14.7938 | 14.9054 |
| September | 15.0816 | 14.8234 | 14.9532 |
| October | 15.1409 | 14.8430 | 14.9909 |
| November | 15.1826 | 14.9931 | 15.0975 |
| December | 15.2415 | 14.9890 | 15.1822 |