2011 SZL to ETB Historical Review

YEARLY HIGH

2.5643 ETB

YEARLY LOW

1.7503 ETB

YEARLY AVERAGE

2.2033 ETB

2011 SZL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 2.5643. Conversely, the yearly low was recorded on February 15, dropping to 1.7503.

This high-to-low spread represents a total annual volatility of 0.8140 ETB. From a start-to-finish perspective, comparing the January average rate of 1.8422 to the December average rate of 2.1078, the exchange rate registered a net change of 14.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.5643 was up 33.17% compared to the 2010 peak of 1.9256, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SZL based on timing:

Yearly Peak High 12,822 ETB

2010 Average 7,966 ETB

Yearly Trough Low 8,751 ETB

Transaction Impact: A difference of 4,070.06 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.5765

1.7033

JanuMarcMayJulySeptNove

SZL to ETB 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 2.1394, compared to 2.2673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1279 points.

H1 Avg (Jan–Jun) 2.1394

H2 Avg (Jul–Dec) 2.2673

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.6620 ETB (High: 2.5549 / Low: 1.8929). On the other end, June was the most stable month, with a tight range of 0.0530 ETB (High: 2.5145 / Low: 2.4615).

April Spread (Volatile) ±0.6620

June Spread (Stable) ±0.0530

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1385 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 2.4628) against the same month in 2010 (average: 1.4697), the exchange rate shifted by +0.9931 (+67.57%).

2011 Avg (May) 2.4628

2010 Avg (May) 1.4697

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9256	1.7766	1.8422
February	1.8317	1.7503	1.7760
March	1.8738	1.8049	1.8465
April	2.5549	1.8929	2.4172
May	2.5643	2.4013	2.4628
June	2.5145	2.4615	2.4915
July	2.5388	2.4459	2.5037
August	2.5470	2.3480	2.4098
September	2.4380	2.1595	2.3049
October	2.2108	2.1157	2.1664
November	2.1737	2.0166	2.1112
December	2.1478	2.0511	2.1078