2017 BND to SZL Historical Review

YEARLY HIGH

10.6596 SZL

YEARLY LOW

8.9121 SZL

YEARLY AVERAGE

9.6447 SZL

2017 BND to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 10.6596. Conversely, the yearly low was recorded on March 26, dropping to 8.9121.

This high-to-low spread represents a total annual volatility of 1.7475 SZL. From a start-to-finish perspective, comparing the January average rate of 9.4783 to the December average rate of 9.7641, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.6596 was down 8.88% compared to the 2016 peak of 11.6979, 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 53,298 SZL

2016 Average 53,255 SZL

Yearly Trough Low 44,560 SZL

Transaction Impact: A difference of 8,737.51 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.5342

9.0686

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 9.4077, compared to 9.8817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4740 points.

H1 Avg (Jan–Jun) 9.4077

H2 Avg (Jul–Dec) 9.8817

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.9921 SZL (High: 10.1907 / Low: 9.1986). On the other end, January was the most stable month, with a tight range of 0.2426 SZL (High: 9.6041 / Low: 9.3615).

December Spread (Volatile) ±0.9921

January Spread (Stable) ±0.2426

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6480 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6480

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 10.4120) against the same month in 2016 (average: 9.9120), the exchange rate shifted by +0.5000 (+5.04%).

2017 Avg (November) 10.4120

2016 Avg (November) 9.9120

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6041	9.3615	9.4783
February	9.5253	9.1732	9.3403
March	9.5744	8.9121	9.1907
April	9.9270	9.2842	9.6258
May	9.6962	9.2968	9.5025
June	9.4767	9.1908	9.3087
July	9.7534	9.3848	9.5820
August	9.8954	9.5669	9.7282
September	9.9793	9.4898	9.7411
October	10.3918	9.8527	10.0627
November	10.6596	10.1411	10.4120
December	10.1907	9.1986	9.7641