2020 ETB to SZL Historical Review

YEARLY HIGH

0.5781 SZL

YEARLY LOW

0.3715 SZL

YEARLY AVERAGE

0.4730 SZL

2020 ETB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.5781. Conversely, the yearly low was recorded on December 28, dropping to 0.3715.

This high-to-low spread represents a total annual volatility of 0.2065 SZL. From a start-to-finish perspective, comparing the January average rate of 0.4478 to the December average rate of 0.3851, the exchange rate registered a net change of -14.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5781 was up 9.42% compared to the 2019 peak of 0.5283, 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 2,890 SZL

2019 Average 2,474 SZL

Yearly Trough Low 1,858 SZL

Transaction Impact: A difference of 1,032.67 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5792

0.3675

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 0.5038, compared to 0.4421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0617 points.

H1 Avg (Jan–Jun) 0.5038

H2 Avg (Jul–Dec) 0.4421

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0697 SZL (High: 0.5422 / Low: 0.4724). On the other end, February was the most stable month, with a tight range of 0.0144 SZL (High: 0.4734 / Low: 0.4590).

March Spread (Volatile) ±0.0697

February Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0410 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.5616) against the same month in 2019 (average: 0.4910), the exchange rate shifted by +0.0705 (+14.36%).

2020 Avg (April) 0.5616

2019 Avg (April) 0.4910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4603	0.4371	0.4478
February	0.4734	0.4590	0.4669
March	0.5422	0.4724	0.5101
April	0.5781	0.5416	0.5616
May	0.5630	0.5109	0.5388
June	0.5092	0.4819	0.4978
July	0.4957	0.4668	0.4764
August	0.4972	0.4626	0.4812
September	0.4668	0.4399	0.4570
October	0.4524	0.4294	0.4426
November	0.4312	0.3976	0.4104
December	0.4012	0.3715	0.3851