2018 SZL to TOP Historical Review

YEARLY HIGH

0.1917 TOP

YEARLY LOW

0.1491 TOP

YEARLY AVERAGE

0.1727 TOP

2018 SZL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1917. Conversely, the yearly low was recorded on September 5, dropping to 0.1491.

This high-to-low spread represents a total annual volatility of 0.0427 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1842 to the December average rate of 0.1600, the exchange rate registered a net change of -13.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1917 was up 3.76% compared to the 2017 peak of 0.1848, 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 959 TOP

2017 Average 852 TOP

Yearly Trough Low 745 TOP

Transaction Impact: A difference of 213.33 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1908

0.1537

JanuMarcMayJulySeptNove

SZL to TOP 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 0.1826, compared to 0.1627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.1826

H2 Avg (Jul–Dec) 0.1627

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0167 TOP (High: 0.1745 / Low: 0.1578). On the other end, March was the most stable month, with a tight range of 0.0074 TOP (High: 0.1911 / Low: 0.1837).

August Spread (Volatile) ±0.0167

March Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0082 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1870) against the same month in 2017 (average: 0.1711), the exchange rate shifted by +0.0159 (+9.27%).

2018 Avg (February) 0.1870

2017 Avg (February) 0.1711

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1892	0.1800	0.1842
February	0.1917	0.1823	0.1870
March	0.1911	0.1837	0.1877
April	0.1886	0.1786	0.1839
May	0.1849	0.1759	0.1806
June	0.1809	0.1664	0.1725
July	0.1770	0.1666	0.1726
August	0.1745	0.1578	0.1650
September	0.1636	0.1491	0.1568
October	0.1634	0.1548	0.1587
November	0.1671	0.1584	0.1628
December	0.1677	0.1564	0.1600