YEARLY HIGH
2.1605 ETB
YEARLY LOW
1.8138 ETB
YEARLY AVERAGE
1.9454 ETB

2013 ZAR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ZAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.1605. Conversely, the yearly low was recorded on August 27, dropping to 1.8138.

This high-to-low spread represents a total annual volatility of 0.3468 ETB. From a start-to-finish perspective, comparing the January average rate of 2.0857 to the December average rate of 1.8433, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.1605 was down 7.13% compared to the 2012 peak of 2.3263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 108,026 ETB
2012 Average 108,351 ETB
Yearly Trough Low 90,689 ETB
Transaction Impact: A difference of 17,337.61 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.1099
1.8191
JanuMarcMayJulySeptNove

ZAR 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 2.0117, compared to 1.8791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1326 points.

H1 Avg (Jan–Jun) 2.0117
H2 Avg (Jul–Dec) 1.8791

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.2272 ETB (High: 2.0879 / Low: 1.8607). On the other end, February was the most stable month, with a tight range of 0.0412 ETB (High: 2.0953 / Low: 2.0541).

May Spread (Volatile) ±0.2272
February Spread (Stable) ±0.0412

Growth Streaks & Declines

Trends

Between August and October, 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 0.1343 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 2.0857) against the same month in 2012 (average: 2.1614), the exchange rate shifted by -0.0757 (-3.50%).

2013 Avg (January) 2.0857
2012 Avg (January) 2.1614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1605 2.0255 2.0857
February 2.0953 2.0541 2.0721
March 2.0425 1.9621 2.0090
April 2.0818 2.0022 2.0365
May 2.0879 1.8607 2.0006
June 1.8998 1.8354 1.8663
July 1.9245 1.8400 1.8905
August 1.9203 1.8138 1.8703
September 1.9472 1.8325 1.8913
October 1.9420 1.8767 1.9136
November 1.8877 1.8333 1.8657
December 1.8740 1.8236 1.8433