2018 SZL to ETB Historical Review

YEARLY HIGH

2.3699 ETB

YEARLY LOW

1.7839 ETB

YEARLY AVERAGE

2.1035 ETB

2018 SZL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.3699. Conversely, the yearly low was recorded on September 5, dropping to 1.7839.

This high-to-low spread represents a total annual volatility of 0.5860 ETB. From a start-to-finish perspective, comparing the January average rate of 2.2510 to the December average rate of 1.9811, the exchange rate registered a net change of -11.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3699 was up 6.48% compared to the 2017 peak of 2.2257, 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 11,849 ETB

2017 Average 9,004 ETB

Yearly Trough Low 8,920 ETB

Transaction Impact: A difference of 2,929.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3664

1.8377

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 2.2403, compared to 1.9667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2736 points.

H1 Avg (Jan–Jun) 2.2403

H2 Avg (Jul–Dec) 1.9667

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2057 ETB (High: 2.0933 / Low: 1.8876). On the other end, March was the most stable month, with a tight range of 0.0840 ETB (High: 2.3637 / Low: 2.2797).

August Spread (Volatile) ±0.2057

March Spread (Stable) ±0.0840

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 May and June, when the average rate fell by 0.1142 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.3223) against the same month in 2017 (average: 1.7170), the exchange rate shifted by +0.6053 (+35.25%).

2018 Avg (February) 2.3223

2017 Avg (February) 1.7170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3228	2.1908	2.2510
February	2.3699	2.2553	2.3223
March	2.3637	2.2797	2.3212
April	2.3335	2.2136	2.2731
May	2.2413	2.1565	2.1943
June	2.1914	1.9955	2.0801
July	2.0985	1.9903	2.0563
August	2.0933	1.8876	1.9739
September	1.9671	1.7839	1.8818
October	1.9670	1.8650	1.9201
November	2.0516	1.9216	1.9870
December	2.0655	1.9328	1.9811