2022 QAR to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 QAR to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the QAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 14.7427. Conversely, the yearly low was recorded on January 1, dropping to 13.4990.
This high-to-low spread represents a total annual volatility of 1.2437 ETB. From a start-to-finish perspective, comparing the January average rate of 13.6203 to the December average rate of 14.6848, the exchange rate registered a net change of 7.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 14.7427 was down 76.29% compared to the 2021 peak of 62.1815, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
QAR 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 14.0134, compared to 14.4923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4788 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.3596 ETB (High: 14.6639 / Low: 14.3043). On the other end, May was the most stable month, with a tight range of 0.1067 ETB (High: 14.2237 / Low: 14.1170).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 14.6848) against the same month in 2021 (average: 14.9278), the exchange rate shifted by -0.2431 (-1.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.6875 | 13.4990 | 13.6203 |
| February | 14.0297 | 13.7031 | 13.8673 |
| March | 14.1506 | 13.9687 | 14.0472 |
| April | 14.2292 | 14.0099 | 14.1140 |
| May | 14.2237 | 14.1170 | 14.1785 |
| June | 14.3231 | 14.1719 | 14.2533 |
| July | 14.4446 | 14.2055 | 14.2964 |
| August | 14.5360 | 14.3367 | 14.4232 |
| September | 14.6011 | 14.3286 | 14.4600 |
| October | 14.6639 | 14.3043 | 14.4987 |
| November | 14.6780 | 14.5290 | 14.5906 |
| December | 14.7427 | 14.5629 | 14.6848 |