2019 BND to SZL Historical Review

YEARLY HIGH

11.4322 SZL

YEARLY LOW

8.4437 SZL

YEARLY AVERAGE

10.5345 SZL

2019 BND to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 11.4322. Conversely, the yearly low was recorded on February 3, dropping to 8.4437.

This high-to-low spread represents a total annual volatility of 2.9885 SZL. From a start-to-finish perspective, comparing the January average rate of 8.8571 to the December average rate of 10.6278, the exchange rate registered a net change of 19.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 11.4322 was up 6.93% compared to the 2018 peak of 10.6917, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,161 SZL

2018 Average 47,021 SZL

Yearly Trough Low 42,219 SZL

Transaction Impact: A difference of 14,942.46 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.4081

8.6252

JanuMarcMayJulySeptNove

BND 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 10.2466, compared to 10.8224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5757 points.

H1 Avg (Jan–Jun) 10.2466

H2 Avg (Jul–Dec) 10.8224

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 2.0481 SZL (High: 10.4918 / Low: 8.4437). On the other end, July was the most stable month, with a tight range of 0.2797 SZL (High: 10.5290 / Low: 10.2493).

February Spread (Volatile) ±2.0481

July Spread (Stable) ±0.2797

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 June and July, when the average rate fell by 0.4078 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 11.1762) against the same month in 2018 (average: 9.3125), the exchange rate shifted by +1.8637 (+20.01%).

2019 Avg (August) 11.1762

2018 Avg (August) 9.3125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1048	8.4652	8.8571
February	10.4918	8.4437	10.0557
March	10.9093	10.3575	10.6316
April	10.7306	10.3154	10.4656
May	10.8492	10.4874	10.6675
June	11.1388	10.4675	10.8023
July	10.5290	10.2493	10.3945
August	11.4322	10.5213	11.1762
September	11.2840	10.7022	10.9764
October	11.3062	10.6781	10.8815
November	11.1502	10.6937	10.8778
December	10.8685	10.3699	10.6278