YEARLY HIGH
0.0045 ETB
YEARLY LOW
0.0030 ETB
YEARLY AVERAGE
0.0039 ETB

2022 SLL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SLL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.0045. Conversely, the yearly low was recorded on November 11, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0015 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0030, the exchange rate registered a net change of -30.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0045 was down 77.57% compared to the 2021 peak of 0.0200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 ETB
2021 Average 21 ETB
Yearly Trough Low 15 ETB
Transaction Impact: A difference of 7.47 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0046
0.0029
JanuMarcMayJulySeptNove

SLL 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 0.0042, compared to 0.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0035

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0007 ETB (High: 0.0038 / Low: 0.0031). On the other end, December was the most stable month, with a tight range of 0.0000 ETB (High: 0.0030 / Low: 0.0030).

October Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0000

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 September and October, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0044) against the same month in 2021 (average: 0.0040), the exchange rate shifted by +0.0005 (+11.35%).

2022 Avg (March) 0.0044
2021 Avg (March) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0044 0.0044
February 0.0045 0.0044 0.0044
March 0.0045 0.0043 0.0044
April 0.0044 0.0039 0.0042
May 0.0041 0.0039 0.0040
June 0.0040 0.0039 0.0040
July 0.0040 0.0038 0.0039
August 0.0038 0.0038 0.0038
September 0.0038 0.0037 0.0038
October 0.0038 0.0031 0.0034
November 0.0031 0.0030 0.0030
December 0.0030 0.0030 0.0030