2022 ETB to SZL Historical Review

YEARLY HIGH

0.3471 SZL

YEARLY LOW

0.2826 SZL

YEARLY AVERAGE

0.3148 SZL

2022 ETB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.3471. Conversely, the yearly low was recorded on April 13, dropping to 0.2826.

This high-to-low spread represents a total annual volatility of 0.0646 SZL. From a start-to-finish perspective, comparing the January average rate of 0.3121 to the December average rate of 0.3224, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3471 was down 11.66% compared to the 2021 peak of 0.3929, 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 1,736 SZL

2021 Average 1,689 SZL

Yearly Trough Low 1,413 SZL

Transaction Impact: A difference of 322.82 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3483

0.2867

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 0.3017, compared to 0.3278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0261 points.

H1 Avg (Jan–Jun) 0.3017

H2 Avg (Jul–Dec) 0.3278

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0285 SZL (High: 0.3456 / Low: 0.3171). On the other end, October was the most stable month, with a tight range of 0.0112 SZL (High: 0.3471 / Low: 0.3359).

November Spread (Volatile) ±0.0285

October Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.0141 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.3432) against the same month in 2021 (average: 0.3180), the exchange rate shifted by +0.0252 (+7.93%).

2022 Avg (October) 0.3432

2021 Avg (October) 0.3180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3245	0.3041	0.3121
February	0.3085	0.2953	0.3015
March	0.3015	0.2833	0.2934
April	0.3093	0.2826	0.2918
May	0.3149	0.2978	0.3079
June	0.3125	0.2953	0.3037
July	0.3292	0.3095	0.3212
August	0.3240	0.3093	0.3182
September	0.3437	0.3229	0.3329
October	0.3471	0.3359	0.3432
November	0.3456	0.3171	0.3291
December	0.3294	0.3171	0.3224