YEARLY HIGH
1.6720 ETB
YEARLY LOW
1.2632 ETB
YEARLY AVERAGE
1.4911 ETB

2016 SZL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 1.6720. Conversely, the yearly low was recorded on January 18, dropping to 1.2632.

This high-to-low spread represents a total annual volatility of 0.4088 ETB. From a start-to-finish perspective, comparing the January average rate of 1.3063 to the December average rate of 1.6138, the exchange rate registered a net change of 23.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6720 was down 6.52% compared to the 2015 peak of 1.7885, 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 8,360 ETB
2015 Average 8,143 ETB
Yearly Trough Low 6,316 ETB
Transaction Impact: A difference of 2,043.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6445
1.2755
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 1.3980, compared to 1.5843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1863 points.

H1 Avg (Jan–Jun) 1.3980
H2 Avg (Jul–Dec) 1.5843

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1414 ETB (High: 1.5196 / Low: 1.3782). On the other end, December was the most stable month, with a tight range of 0.0784 ETB (High: 1.6511 / Low: 1.5727).

May Spread (Volatile) ±0.1414
December Spread (Stable) ±0.0784

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 April and May, when the average rate fell by 0.0576 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.5969) against the same month in 2015 (average: 1.4883), the exchange rate shifted by +0.1086 (+7.30%).

2016 Avg (November) 1.5969
2015 Avg (November) 1.4883

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3692 1.2632 1.3063
February 1.4010 1.3200 1.3493
March 1.4521 1.3503 1.3921
April 1.5210 1.4134 1.4756
May 1.5196 1.3782 1.4180
June 1.5107 1.3933 1.4466
July 1.5793 1.4820 1.5250
August 1.6511 1.5271 1.6058
September 1.6319 1.5100 1.5709
October 1.6359 1.5500 1.5934
November 1.6720 1.5406 1.5969
December 1.6511 1.5727 1.6138