2020 SZL to ETB Historical Review

YEARLY HIGH

2.6915 ETB

YEARLY LOW

1.7299 ETB

YEARLY AVERAGE

2.1377 ETB

2020 SZL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.6915. Conversely, the yearly low was recorded on April 21, dropping to 1.7299.

This high-to-low spread represents a total annual volatility of 0.9616 ETB. From a start-to-finish perspective, comparing the January average rate of 2.2334 to the December average rate of 2.5986, the exchange rate registered a net change of 16.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6915 was up 18.12% compared to the 2019 peak of 2.2786, 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 13,457 ETB

2019 Average 10,118 ETB

Yearly Trough Low 8,649 ETB

Transaction Impact: A difference of 4,808.01 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6803

1.6999

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 1.9980, compared to 2.2773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2793 points.

H1 Avg (Jan–Jun) 1.9980

H2 Avg (Jul–Dec) 2.2773

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2722 ETB (High: 2.1167 / Low: 1.8444). On the other end, February was the most stable month, with a tight range of 0.0665 ETB (High: 2.1787 / Low: 2.1122).

March Spread (Volatile) ±0.2722

February Spread (Stable) ±0.0665

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 0.1830 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.5986) against the same month in 2019 (average: 2.1847), the exchange rate shifted by +0.4138 (+18.94%).

2020 Avg (December) 2.5986

2019 Avg (December) 2.1847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2877	2.1726	2.2334
February	2.1787	2.1122	2.1419
March	2.1167	1.8444	1.9646
April	1.8465	1.7299	1.7816
May	1.9573	1.7761	1.8577
June	2.0753	1.9640	2.0091
July	2.1424	2.0172	2.0995
August	2.1616	2.0111	2.0790
September	2.2732	2.1424	2.1887
October	2.3289	2.2102	2.2600
November	2.5150	2.3190	2.4383
December	2.6915	2.4926	2.5986