2018 BTN to SZL Historical Review

YEARLY HIGH

0.2163 SZL

YEARLY LOW

0.1784 SZL

YEARLY AVERAGE

0.1933 SZL

2018 BTN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BTN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.2163. Conversely, the yearly low was recorded on February 26, dropping to 0.1784.

This high-to-low spread represents a total annual volatility of 0.0379 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1917 to the December average rate of 0.2016, the exchange rate registered a net change of 5.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2163 was down 4.38% compared to the 2017 peak of 0.2263, 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 1,082 SZL

2017 Average 1,023 SZL

Yearly Trough Low 892 SZL

Transaction Impact: A difference of 189.47 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2069

0.1799

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 0.1873, compared to 0.1994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.1873

H2 Avg (Jul–Dec) 0.1994

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0219 SZL (High: 0.2163 / Low: 0.1945). On the other end, November was the most stable month, with a tight range of 0.0059 SZL (High: 0.1994 / Low: 0.1935).

September Spread (Volatile) ±0.0219

November Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0077 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.2047) against the same month in 2017 (average: 0.2041), the exchange rate shifted by +0.0006 (+0.28%).

2018 Avg (September) 0.2047

2017 Avg (September) 0.2041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1972	0.1866	0.1917
February	0.1896	0.1784	0.1840
March	0.1854	0.1795	0.1822
April	0.1872	0.1813	0.1841
May	0.1900	0.1819	0.1858
June	0.2014	0.1870	0.1956
July	0.2014	0.1911	0.1953
August	0.2083	0.1934	0.2015
September	0.2163	0.1945	0.2047
October	0.2011	0.1941	0.1973
November	0.1994	0.1935	0.1962
December	0.2077	0.1938	0.2016