YEARLY HIGH
14.2819 ETB
YEARLY LOW
13.0921 ETB
YEARLY AVERAGE
13.8308 ETB

2022 SAR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 14.2819. Conversely, the yearly low was recorded on January 1, dropping to 13.0921.

This high-to-low spread represents a total annual volatility of 1.1898 ETB. From a start-to-finish perspective, comparing the January average rate of 13.2145 to the December average rate of 14.2386, the exchange rate registered a net change of 7.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 14.2819 was down 76.31% compared to the 2021 peak of 60.2868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,409 ETB
2021 Average 59,074 ETB
Yearly Trough Low 65,460 ETB
Transaction Impact: A difference of 5,948.81 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.3410
13.1121
JanuMarcMayJulySeptNove

SAR 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 13.6050, compared to 14.0566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4516 points.

H1 Avg (Jan–Jun) 13.6050
H2 Avg (Jul–Dec) 14.0566

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.3170 ETB (High: 13.6161 / Low: 13.2992). On the other end, December was the most stable month, with a tight range of 0.0822 ETB (High: 14.2819 / Low: 14.1997).

February Spread (Volatile) ±0.3170
December Spread (Stable) ±0.0822

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 14.2386) against the same month in 2021 (average: 14.4825), the exchange rate shifted by -0.2439 (-1.68%).

2022 Avg (December) 14.2386
2021 Avg (December) 14.4825

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2825 13.0921 13.2145
February 13.6161 13.2992 13.4600
March 13.7315 13.5563 13.6339
April 13.8137 13.5992 13.7031
May 13.8417 13.7034 13.7656
June 13.9282 13.7576 13.8532
July 14.0114 13.8341 13.9206
August 14.0871 13.8879 13.9828
September 14.1306 13.8836 14.0060
October 14.2092 13.9500 14.0527
November 14.2223 14.0434 14.1391
December 14.2819 14.1997 14.2386