2016 BND to SZL Historical Review

YEARLY HIGH

11.6979 SZL

YEARLY LOW

9.3910 SZL

YEARLY AVERAGE

10.6531 SZL

2016 BND to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 11.6979. Conversely, the yearly low was recorded on December 29, dropping to 9.3910.

This high-to-low spread represents a total annual volatility of 2.3069 SZL. From a start-to-finish perspective, comparing the January average rate of 11.3692 to the December average rate of 9.6635, the exchange rate registered a net change of -15.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.6979 was up 4.37% compared to the 2015 peak of 11.2084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,489 SZL

2015 Average 46,420 SZL

Yearly Trough Low 46,955 SZL

Transaction Impact: A difference of 11,534.55 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.5398

9.4930

JanuMarcMayJulySeptNove

BND to SZL 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 11.1593, compared to 10.1470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0123 points.

H1 Avg (Jan–Jun) 11.1593

H2 Avg (Jul–Dec) 10.1470

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.8652 SZL (High: 11.4438 / Low: 10.5786). On the other end, December was the most stable month, with a tight range of 0.4615 SZL (High: 9.8525 / Low: 9.3910).

May Spread (Volatile) ±0.8652

December Spread (Stable) ±0.4615

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4646 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 11.3692) against the same month in 2015 (average: 8.6505), the exchange rate shifted by +2.7187 (+31.43%).

2016 Avg (January) 11.3692

2015 Avg (January) 8.6505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6979	10.9272	11.3692
February	11.4904	10.8434	11.2536
March	11.5017	10.9590	11.2042
April	11.2497	10.5893	10.8257
May	11.4438	10.5786	11.1739
June	11.3532	10.7616	11.1290
July	10.9438	10.3555	10.6668
August	10.6022	9.9511	10.2022
September	10.7339	9.9584	10.3595
October	10.3409	9.7626	10.0779
November	10.1721	9.5897	9.9120
December	9.8525	9.3910	9.6635