YEARLY HIGH
2.2257 ETB
YEARLY LOW
1.6324 ETB
YEARLY AVERAGE
1.8002 ETB

2017 SZL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SZL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.2257. Conversely, the yearly low was recorded on January 3, dropping to 1.6324.

This high-to-low spread represents a total annual volatility of 0.5933 ETB. From a start-to-finish perspective, comparing the January average rate of 1.6656 to the December average rate of 2.0845, the exchange rate registered a net change of 25.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2257 was up 33.12% compared to the 2016 peak of 1.6720, 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 11,129 ETB
2016 Average 7,458 ETB
Yearly Trough Low 8,162 ETB
Transaction Impact: A difference of 2,966.58 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1264
1.6237
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 1.7285, compared to 1.8718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1433 points.

H1 Avg (Jan–Jun) 1.7285
H2 Avg (Jul–Dec) 1.8718

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.3336 ETB (High: 2.0446 / Low: 1.7110). On the other end, January was the most stable month, with a tight range of 0.0701 ETB (High: 1.7025 / Low: 1.6324).

October Spread (Volatile) ±0.3336
January Spread (Stable) ±0.0701

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0629 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.0845) against the same month in 2016 (average: 1.6138), the exchange rate shifted by +0.4707 (+29.17%).

2017 Avg (December) 2.0845
2016 Avg (December) 1.6138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7025 1.6324 1.6656
February 1.7659 1.6661 1.7170
March 1.8272 1.6950 1.7608
April 1.7680 1.6470 1.6979
May 1.7929 1.6827 1.7364
June 1.8352 1.7650 1.7936
July 1.8056 1.7266 1.7689
August 1.8140 1.7289 1.7629
September 1.8273 1.7309 1.7889
October 2.0446 1.7110 1.8902
November 1.9974 1.8759 1.9355
December 2.2257 1.9742 2.0845