YEARLY HIGH
0.0948 ETB
YEARLY LOW
0.0842 ETB
YEARLY AVERAGE
0.0903 ETB

2022 SOS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SOS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0948. Conversely, the yearly low was recorded on January 1, dropping to 0.0842.

This high-to-low spread represents a total annual volatility of 0.0107 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0853 to the December average rate of 0.0941, the exchange rate registered a net change of 10.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0948 was down 75.66% compared to the 2021 peak of 0.3897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 474 ETB
2021 Average 381 ETB
Yearly Trough Low 421 ETB
Transaction Impact: A difference of 53.37 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0950
0.0844
JanuMarcMayJulySeptNove

SOS 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 0.0879, compared to 0.0927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0879
H2 Avg (Jul–Dec) 0.0927

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0034 ETB (High: 0.0926 / Low: 0.0891). On the other end, December was the most stable month, with a tight range of 0.0005 ETB (High: 0.0943 / Low: 0.0938).

July Spread (Volatile) ±0.0034
December Spread (Stable) ±0.0005

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 (November 2022: 0.0936) against the same month in 2021 (average: 0.0817), the exchange rate shifted by +0.0119 (+14.53%).

2022 Avg (November) 0.0936
2021 Avg (November) 0.0817

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0859 0.0842 0.0853
February 0.0886 0.0856 0.0869
March 0.0888 0.0868 0.0879
April 0.0893 0.0873 0.0887
May 0.0898 0.0883 0.0890
June 0.0902 0.0885 0.0895
July 0.0926 0.0891 0.0908
August 0.0928 0.0898 0.0920
September 0.0934 0.0922 0.0927
October 0.0939 0.0925 0.0929
November 0.0948 0.0931 0.0936
December 0.0943 0.0938 0.0941