2022 SGD to ETB Historical Review

YEARLY HIGH

40.0198 ETB

YEARLY LOW

36.3614 ETB

YEARLY AVERAGE

37.6787 ETB

2022 SGD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 40.0198. Conversely, the yearly low was recorded on January 6, dropping to 36.3614.

This high-to-low spread represents a total annual volatility of 3.6584 ETB. From a start-to-finish perspective, comparing the January average rate of 36.7155 to the December average rate of 39.5940, the exchange rate registered a net change of 7.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 40.0198 was down 76.03% compared to the 2021 peak of 166.9421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 200,099 ETB

2021 Average 164,799 ETB

Yearly Trough Low 181,807 ETB

Transaction Impact: A difference of 18,292.02 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

39.8819

36.4276

JanuMarcMayJulySeptNove

SGD 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 37.3960, compared to 37.9614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5654 points.

H1 Avg (Jan–Jun) 37.3960

H2 Avg (Jul–Dec) 37.9614

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.9468 ETB (High: 39.3091 / Low: 37.3623). On the other end, March was the most stable month, with a tight range of 0.5652 ETB (High: 37.9253 / Low: 37.3600).

November Spread (Volatile) ±1.9468

March Spread (Stable) ±0.5652

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.6681 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 39.5940) against the same month in 2021 (average: 39.8899), the exchange rate shifted by -0.2959 (-0.74%).

2022 Avg (December) 39.5940

2021 Avg (December) 39.8899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.0125	36.3614	36.7155
February	37.7771	36.9952	37.4794
March	37.9253	37.3600	37.6452
April	38.0199	37.1420	37.6308
May	37.9788	37.0187	37.3704
June	37.8420	37.2562	37.5347
July	38.0181	37.0440	37.4881
August	38.3094	37.5910	37.9384
September	37.7614	36.6354	37.2703
October	37.7282	36.6354	37.0982
November	39.3091	37.3623	38.3792
December	40.0198	39.3412	39.5940