YEARLY HIGH
0.0071 SZL
YEARLY LOW
0.0060 SZL
YEARLY AVERAGE
0.0065 SZL

2024 CDF to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0071. Conversely, the yearly low was recorded on September 28, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0011 SZL. From a start-to-finish perspective, comparing the January average rate of 0.0069 to the December average rate of 0.0064, the exchange rate registered a net change of -7.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0071 was down 24.26% compared to the 2023 peak of 0.0094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 SZL
2023 Average 40 SZL
Yearly Trough Low 30 SZL
Transaction Impact: A difference of 5.55 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0070
0.0061
JanuMarcMayJulySeptNove

CDF 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 0.0067, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0004 SZL (High: 0.0066 / Low: 0.0062). On the other end, October was the most stable month, with a tight range of 0.0002 SZL (High: 0.0062 / Low: 0.0061).

December Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0069) against the same month in 2023 (average: 0.0083), the exchange rate shifted by -0.0014 (-17.33%).

2024 Avg (January) 0.0069
2023 Avg (January) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0071 0.0068 0.0069
February 0.0070 0.0068 0.0069
March 0.0069 0.0067 0.0068
April 0.0069 0.0066 0.0068
May 0.0067 0.0065 0.0066
June 0.0067 0.0063 0.0065
July 0.0065 0.0063 0.0064
August 0.0065 0.0062 0.0063
September 0.0063 0.0060 0.0062
October 0.0062 0.0061 0.0062
November 0.0064 0.0061 0.0063
December 0.0066 0.0062 0.0064