YEARLY HIGH
0.6126 SZL
YEARLY LOW
0.4493 SZL
YEARLY AVERAGE
0.5579 SZL

2017 ETB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6126. Conversely, the yearly low was recorded on December 30, dropping to 0.4493.

This high-to-low spread represents a total annual volatility of 0.1633 SZL. From a start-to-finish perspective, comparing the January average rate of 0.6005 to the December average rate of 0.4805, the exchange rate registered a net change of -19.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6126 was down 22.62% compared to the 2016 peak of 0.7916, 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 3,063 SZL
2016 Average 3,370 SZL
Yearly Trough Low 2,246 SZL
Transaction Impact: A difference of 816.50 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6125
0.4685
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 0.5790, compared to 0.5368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 0.5790
H2 Avg (Jul–Dec) 0.5368

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0953 SZL (High: 0.5844 / Low: 0.4891). On the other end, June was the most stable month, with a tight range of 0.0217 SZL (High: 0.5666 / Low: 0.5449).

October Spread (Volatile) ±0.0953
June Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0363 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.6005) against the same month in 2016 (average: 0.7660), the exchange rate shifted by -0.1656 (-21.62%).

2017 Avg (January) 0.6005
2016 Avg (January) 0.7660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6126 0.5874 0.6005
February 0.6002 0.5663 0.5825
March 0.5900 0.5473 0.5682
April 0.6072 0.5656 0.5892
May 0.5943 0.5578 0.5761
June 0.5666 0.5449 0.5576
July 0.5792 0.5538 0.5655
August 0.5784 0.5513 0.5673
September 0.5777 0.5473 0.5591
October 0.5844 0.4891 0.5316
November 0.5331 0.5006 0.5168
December 0.5065 0.4493 0.4805