2021 ETB to SZL Historical Review

YEARLY HIGH

0.3929 SZL

YEARLY LOW

0.0686 SZL

YEARLY AVERAGE

0.3379 SZL

2021 ETB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.3929. Conversely, the yearly low was recorded on December 27, dropping to 0.0686.

This high-to-low spread represents a total annual volatility of 0.3243 SZL. From a start-to-finish perspective, comparing the January average rate of 0.3830 to the December average rate of 0.3185, the exchange rate registered a net change of -16.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3929 was down 32.02% compared to the 2020 peak of 0.5781, 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 1,965 SZL

2020 Average 2,365 SZL

Yearly Trough Low 343 SZL

Transaction Impact: A difference of 1,621.65 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3897

0.3089

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 0.3533, compared to 0.3225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0307 points.

H1 Avg (Jan–Jun) 0.3533

H2 Avg (Jul–Dec) 0.3225

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2663 SZL (High: 0.3349 / Low: 0.0686). On the other end, July was the most stable month, with a tight range of 0.0132 SZL (High: 0.3364 / Low: 0.3232).

December Spread (Volatile) ±0.2663

July Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.0232 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3830) against the same month in 2020 (average: 0.4478), the exchange rate shifted by -0.0648 (-14.47%).

2021 Avg (January) 0.3830

2020 Avg (January) 0.4478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3929	0.3711	0.3830
February	0.3826	0.3599	0.3709
March	0.3858	0.3558	0.3701
April	0.3590	0.3392	0.3469
May	0.3432	0.3161	0.3300
June	0.3279	0.3105	0.3186
July	0.3364	0.3232	0.3287
August	0.3391	0.3181	0.3282
September	0.3278	0.3053	0.3157
October	0.3275	0.3072	0.3180
November	0.3378	0.3162	0.3262
December	0.3349	0.0686	0.3185

૨૦૨૫ ETB થી SZL ઐતિહાસિક સમીક્ષા