2015 ETB to SZL Historical Review

YEARLY HIGH

0.7480 SZL

YEARLY LOW

0.5591 SZL

YEARLY AVERAGE

0.6167 SZL

2015 ETB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.7480. Conversely, the yearly low was recorded on February 5, dropping to 0.5591.

This high-to-low spread represents a total annual volatility of 0.1889 SZL. From a start-to-finish perspective, comparing the January average rate of 0.5713 to the December average rate of 0.7126, the exchange rate registered a net change of 24.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.7480 was up 27.74% compared to the 2014 peak of 0.5856, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,740 SZL

2014 Average 2,758 SZL

Yearly Trough Low 2,796 SZL

Transaction Impact: A difference of 944.62 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.7268

0.5563

JanuMarcMayJulySeptNove

ETB 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 0.5832, compared to 0.6502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0670 points.

H1 Avg (Jan–Jun) 0.5832

H2 Avg (Jul–Dec) 0.6502

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0669 SZL (High: 0.7480 / Low: 0.6811). On the other end, May was the most stable month, with a tight range of 0.0179 SZL (High: 0.5909 / Low: 0.5730).

December Spread (Volatile) ±0.0669

May Spread (Stable) ±0.0179

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0097 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.7126) against the same month in 2014 (average: 0.5702), the exchange rate shifted by +0.1424 (+24.98%).

2015 Avg (December) 0.7126

2014 Avg (December) 0.5702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5791	0.5610	0.5713
February	0.5808	0.5591	0.5705
March	0.6121	0.5723	0.5925
April	0.5955	0.5774	0.5865
May	0.5909	0.5730	0.5823
June	0.6106	0.5861	0.5958
July	0.6106	0.5909	0.6002
August	0.6383	0.6055	0.6193
September	0.6713	0.6369	0.6533
October	0.6655	0.6264	0.6436
November	0.6855	0.6548	0.6720
December	0.7480	0.6811	0.7126