YEARLY HIGH
0.7916 SZL
YEARLY LOW
0.5981 SZL
YEARLY AVERAGE
0.6743 SZL

2016 ETB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.7916. Conversely, the yearly low was recorded on November 8, dropping to 0.5981.

This high-to-low spread represents a total annual volatility of 0.1935 SZL. From a start-to-finish perspective, comparing the January average rate of 0.7660 to the December average rate of 0.6198, the exchange rate registered a net change of -19.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7916 was up 5.83% compared to the 2015 peak of 0.7480, 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 3,958 SZL
2015 Average 3,085 SZL
Yearly Trough Low 2,990 SZL
Transaction Impact: A difference of 967.75 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7807
0.6051
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 0.7168, compared to 0.6317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0852 points.

H1 Avg (Jan–Jun) 0.7168
H2 Avg (Jul–Dec) 0.6317

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0675 SZL (High: 0.7256 / Low: 0.6581). On the other end, December was the most stable month, with a tight range of 0.0302 SZL (High: 0.6359 / Low: 0.6057).

May Spread (Volatile) ±0.0675
December Spread (Stable) ±0.0302

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 March and April, when the average rate fell by 0.0406 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7660) against the same month in 2015 (average: 0.5713), the exchange rate shifted by +0.1948 (+34.10%).

2016 Avg (January) 0.7660
2015 Avg (January) 0.5713

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7916 0.7303 0.7660
February 0.7576 0.7138 0.7413
March 0.7406 0.6887 0.7185
April 0.7075 0.6575 0.6779
May 0.7256 0.6581 0.7057
June 0.7177 0.6620 0.6915
July 0.6748 0.6332 0.6559
August 0.6548 0.6057 0.6231
September 0.6622 0.6128 0.6370
October 0.6451 0.6113 0.6277
November 0.6491 0.5981 0.6266
December 0.6359 0.6057 0.6198