2015 BTN to SZL Historical Review

YEARLY HIGH

0.2364 SZL

YEARLY LOW

0.1834 SZL

YEARLY AVERAGE

0.1989 SZL

2015 BTN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BTN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.2364. Conversely, the yearly low was recorded on February 5, dropping to 0.1834.

This high-to-low spread represents a total annual volatility of 0.0530 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1859 to the December average rate of 0.2261, the exchange rate registered a net change of 21.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2364 was up 26.98% compared to the 2014 peak of 0.1862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,182 SZL

2014 Average 889 SZL

Yearly Trough Low 917 SZL

Transaction Impact: A difference of 264.98 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2301

0.1819

JanuMarcMayJulySeptNove

BTN 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 0.1897, compared to 0.2080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.1897

H2 Avg (Jul–Dec) 0.2080

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0223 SZL (High: 0.2364 / Low: 0.2141). On the other end, August was the most stable month, with a tight range of 0.0043 SZL (High: 0.2009 / Low: 0.1966).

December Spread (Volatile) ±0.0223

August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0036 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.2261) against the same month in 2014 (average: 0.1833), the exchange rate shifted by +0.0428 (+23.35%).

2015 Avg (December) 0.2261

2014 Avg (December) 0.1833

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1885	0.1838	0.1859
February	0.1892	0.1834	0.1868
March	0.1983	0.1886	0.1934
April	0.1951	0.1869	0.1915
May	0.1905	0.1855	0.1879
June	0.1975	0.1906	0.1929
July	0.1981	0.1923	0.1957
August	0.2009	0.1966	0.1983
September	0.2125	0.2005	0.2061
October	0.2122	0.2019	0.2076
November	0.2187	0.2097	0.2142
December	0.2364	0.2141	0.2261