2022 TWD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TWD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TWD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 1.8311. Conversely, the yearly low was recorded on October 23, dropping to 1.6285.
This high-to-low spread represents a total annual volatility of 0.2026 ETB. From a start-to-finish perspective, comparing the January average rate of 1.7934 to the December average rate of 1.7443, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.8311 was down 77.60% compared to the 2021 peak of 8.1738, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
TWD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.7797, compared to 1.7129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0668 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 0.0873 ETB (High: 1.7353 / Low: 1.6480). On the other end, December was the most stable month, with a tight range of 0.0185 ETB (High: 1.7554 / Low: 1.7369).
Growth Streaks & Declines
TrendsBetween October and December, 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 0.0581 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 1.8009) against the same month in 2021 (average: 1.4336), the exchange rate shifted by +0.3673 (+25.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.8114 | 1.7733 | 1.7934 |
| February | 1.8269 | 1.7974 | 1.8122 |
| March | 1.8311 | 1.7772 | 1.8009 |
| April | 1.7946 | 1.7444 | 1.7681 |
| May | 1.7909 | 1.7284 | 1.7469 |
| June | 1.7799 | 1.7433 | 1.7565 |
| July | 1.7652 | 1.7376 | 1.7507 |
| August | 1.7666 | 1.7269 | 1.7457 |
| September | 1.7225 | 1.6523 | 1.6876 |
| October | 1.6823 | 1.6285 | 1.6532 |
| November | 1.7353 | 1.6480 | 1.6958 |
| December | 1.7554 | 1.7369 | 1.7443 |