2018 ETB to SZL Historical Review

YEARLY HIGH

0.5606 SZL

YEARLY LOW

0.4220 SZL

YEARLY AVERAGE

0.4781 SZL

2018 ETB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.5606. Conversely, the yearly low was recorded on February 23, dropping to 0.4220.

This high-to-low spread represents a total annual volatility of 0.1386 SZL. From a start-to-finish perspective, comparing the January average rate of 0.4444 to the December average rate of 0.5049, the exchange rate registered a net change of 13.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5606 was down 8.49% compared to the 2017 peak of 0.6126, 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 2,803 SZL

2017 Average 2,789 SZL

Yearly Trough Low 2,110 SZL

Transaction Impact: A difference of 693.03 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5420

0.4206

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 0.4471, compared to 0.5091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0620 points.

H1 Avg (Jan–Jun) 0.4471

H2 Avg (Jul–Dec) 0.5091

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0522 SZL (High: 0.5606 / Low: 0.5084). On the other end, March was the most stable month, with a tight range of 0.0156 SZL (High: 0.4387 / Low: 0.4231).

September Spread (Volatile) ±0.0522

March Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between February and September, 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 October and November, when the average rate fell by 0.0175 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.5319) against the same month in 2017 (average: 0.5591), the exchange rate shifted by -0.0273 (-4.87%).

2018 Avg (September) 0.5319

2017 Avg (September) 0.5591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4564	0.4305	0.4444
February	0.4434	0.4220	0.4307
March	0.4387	0.4231	0.4308
April	0.4518	0.4285	0.4400
May	0.4637	0.4462	0.4558
June	0.5011	0.4563	0.4812
July	0.5024	0.4765	0.4864
August	0.5298	0.4777	0.5072
September	0.5606	0.5084	0.5319
October	0.5362	0.5084	0.5209
November	0.5204	0.4874	0.5034
December	0.5174	0.4842	0.5049