YEARLY HIGH
2.5169 ETB
YEARLY LOW
1.6712 ETB
YEARLY AVERAGE
2.1915 ETB

2022 SRD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SRD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 2.5169. Conversely, the yearly low was recorded on December 5, dropping to 1.6712.

This high-to-low spread represents a total annual volatility of 0.8457 ETB. From a start-to-finish perspective, comparing the January average rate of 2.3442 to the December average rate of 1.6900, the exchange rate registered a net change of -27.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5169 was down 78.43% compared to the 2021 peak of 11.6663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,585 ETB
2021 Average 12,513 ETB
Yearly Trough Low 8,356 ETB
Transaction Impact: A difference of 4,228.44 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.5619
1.6108
JanuMarcMayJulySeptNove

SRD 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 2.4341, compared to 1.9489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4852 points.

H1 Avg (Jan–Jun) 2.4341
H2 Avg (Jul–Dec) 1.9489

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2439 ETB (High: 2.0837 / Low: 1.8398). On the other end, December was the most stable month, with a tight range of 0.0269 ETB (High: 1.6981 / Low: 1.6712).

September Spread (Volatile) ±0.2439
December Spread (Stable) ±0.0269

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 0.1985 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1985

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.4826) against the same month in 2021 (average: 2.8607), the exchange rate shifted by -0.3780 (-13.22%).

2022 Avg (March) 2.4826
2021 Avg (March) 2.8607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3868 2.3192 2.3442
February 2.4909 2.3896 2.4504
March 2.5169 2.4611 2.4826
April 2.4956 2.4612 2.4794
May 2.4901 2.4437 2.4642
June 2.4540 2.3338 2.3837
July 2.3385 2.1531 2.2857
August 2.2233 2.0949 2.1503
September 2.0837 1.8398 1.9518
October 1.9226 1.8199 1.8614
November 1.8149 1.6894 1.7544
December 1.6981 1.6712 1.6900