2019 ETB to SZL Historical Review

YEARLY HIGH

0.5283 SZL

YEARLY LOW

0.4389 SZL

YEARLY AVERAGE

0.4947 SZL

2019 ETB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 0.5283. Conversely, the yearly low was recorded on December 31, dropping to 0.4389.

This high-to-low spread represents a total annual volatility of 0.0894 SZL. From a start-to-finish perspective, comparing the January average rate of 0.4896 to the December average rate of 0.4581, the exchange rate registered a net change of -6.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5283 was down 5.76% compared to the 2018 peak of 0.5606, 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 2,642 SZL

2018 Average 2,392 SZL

Yearly Trough Low 2,194 SZL

Transaction Impact: A difference of 447.20 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5237

0.4521

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 0.4952, compared to 0.4942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.4952

H2 Avg (Jul–Dec) 0.4942

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0428 SZL (High: 0.4817 / Low: 0.4389). On the other end, May was the most stable month, with a tight range of 0.0143 SZL (High: 0.5066 / Low: 0.4923).

December Spread (Volatile) ±0.0428

May Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between April and June, 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 0.0369 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.5177) against the same month in 2018 (average: 0.5072), the exchange rate shifted by +0.0105 (+2.06%).

2019 Avg (August) 0.5177

2018 Avg (August) 0.5072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5139	0.4737	0.4896
February	0.4973	0.4672	0.4842
March	0.5163	0.4900	0.5032
April	0.5027	0.4832	0.4910
May	0.5066	0.4923	0.4990
June	0.5196	0.4879	0.5042
July	0.4972	0.4775	0.4848
August	0.5283	0.4892	0.5177
September	0.5221	0.4950	0.5052
October	0.5231	0.4905	0.5044
November	0.5117	0.4776	0.4950
December	0.4817	0.4389	0.4581