YEARLY HIGH
2.6996 SZL
YEARLY LOW
2.0113 SZL
YEARLY AVERAGE
2.3830 SZL

2020 CNY to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 2.6996. Conversely, the yearly low was recorded on January 4, dropping to 2.0113.

This high-to-low spread represents a total annual volatility of 0.6882 SZL. From a start-to-finish perspective, comparing the January average rate of 2.0734 to the December average rate of 2.2785, the exchange rate registered a net change of 9.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6996 was up 23.40% compared to the 2019 peak of 2.1876, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 67,490 SZL
2019 Average 52,267 SZL
Yearly Trough Low 50,284 SZL
Transaction Impact: A difference of 17,206.20 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6797
2.0183
JanuMarcMayJulySeptNove

CNY 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 2.3642, compared to 2.4018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 2.3642
H2 Avg (Jul–Dec) 2.4018

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3340 SZL (High: 2.5210 / Low: 2.1870). On the other end, February was the most stable month, with a tight range of 0.0757 SZL (High: 2.1870 / Low: 2.1114).

March Spread (Volatile) ±0.3340
February Spread (Stable) ±0.0757

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 May and June, when the average rate fell by 0.1412 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.6246) against the same month in 2019 (average: 2.1053), the exchange rate shifted by +0.5193 (+24.67%).

2020 Avg (April) 2.6246
2019 Avg (April) 2.1053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1300 2.0113 2.0734
February 2.1870 2.1114 2.1423
March 2.5210 2.1870 2.3670
April 2.6996 2.5212 2.6246
May 2.6474 2.4227 2.5594
June 2.4669 2.3455 2.4182
July 2.4404 2.3456 2.3909
August 2.5449 2.3869 2.4820
September 2.5118 2.3880 2.4570
October 2.4833 2.4046 2.4490
November 2.4357 2.3114 2.3532
December 2.3437 2.2285 2.2785