YEARLY HIGH
19.7712 SZL
YEARLY LOW
16.8200 SZL
YEARLY AVERAGE
18.4429 SZL

2023 BMD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 19.7712. Conversely, the yearly low was recorded on January 13, dropping to 16.8200.

This high-to-low spread represents a total annual volatility of 2.9512 SZL. From a start-to-finish perspective, comparing the January average rate of 17.1037 to the December average rate of 18.6342, the exchange rate registered a net change of 8.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.7712 was up 7.49% compared to the 2022 peak of 18.3930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BMD based on timing:

Yearly Peak High 98,856 SZL
2022 Average 81,833 SZL
Yearly Trough Low 84,100 SZL
Transaction Impact: A difference of 14,756.07 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.2644
16.9073
JanuMarcMayJulySeptNove

BMD to SZL 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 18.1908, compared to 18.6951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5043 points.

H1 Avg (Jan–Jun) 18.1908
H2 Avg (Jul–Dec) 18.6951

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.6019 SZL (High: 19.7712 / Low: 18.1694). On the other end, September was the most stable month, with a tight range of 0.5010 SZL (High: 19.2173 / Low: 18.7163).

June Spread (Volatile) ±1.6019
September Spread (Stable) ±0.5010

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5568 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 18.7153) against the same month in 2022 (average: 15.7858), the exchange rate shifted by +2.9295 (+18.56%).

2023 Avg (June) 18.7153
2022 Avg (June) 15.7858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.4355 16.8200 17.1037
February 18.4550 17.0900 17.9030
March 18.6244 17.8050 18.2513
April 18.4196 17.7559 18.1295
May 19.7635 18.2800 19.0419
June 19.7712 18.1694 18.7153
July 18.9588 17.5624 18.2221
August 19.4900 18.0142 18.7808
September 19.2173 18.7163 18.9543
October 19.4306 18.7760 19.0680
November 18.9512 18.1601 18.5112
December 19.0981 18.2385 18.6342