2020 BND to SZL Historical Review

YEARLY HIGH

13.4036 SZL

YEARLY LOW

10.3713 SZL

YEARLY AVERAGE

11.9191 SZL

2020 BND to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 13.4036. Conversely, the yearly low was recorded on January 4, dropping to 10.3713.

This high-to-low spread represents a total annual volatility of 3.0323 SZL. From a start-to-finish perspective, comparing the January average rate of 10.6274 to the December average rate of 11.1835, the exchange rate registered a net change of 5.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.4036 was up 17.24% compared to the 2019 peak of 11.4322, 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 67,018 SZL

2019 Average 52,679 SZL

Yearly Trough Low 51,857 SZL

Transaction Impact: A difference of 15,161.34 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.2710

10.3871

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 11.8853, compared to 11.9529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0675 points.

H1 Avg (Jan–Jun) 11.8853

H2 Avg (Jul–Dec) 11.9529

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.5939 SZL (High: 12.5535 / Low: 10.9596). On the other end, February was the most stable month, with a tight range of 0.3415 SZL (High: 10.9930 / Low: 10.6515).

March Spread (Volatile) ±1.5939

February Spread (Stable) ±0.3415

Growth Streaks & Declines

Trends

Between January and April, 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 0.5829 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 13.0307) against the same month in 2019 (average: 10.4656), the exchange rate shifted by +2.5651 (+24.51%).

2020 Avg (April) 13.0307

2019 Avg (April) 10.4656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8209	10.3713	10.6274
February	10.9930	10.6515	10.7885
March	12.5535	10.9596	11.7447
April	13.4036	12.4790	13.0307
May	13.2049	12.2739	12.8288
June	12.5419	11.9624	12.2919
July	12.3584	11.8607	12.0715
August	12.8939	12.1332	12.5597
September	12.4910	11.9147	12.2602
October	12.2726	11.8708	12.1126
November	11.9484	11.3549	11.5297
December	11.4705	10.9306	11.1835