YEARLY HIGH
0.1198 SZL
YEARLY LOW
0.0947 SZL
YEARLY AVERAGE
0.1061 SZL

2023 LRD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.1198. Conversely, the yearly low was recorded on July 27, dropping to 0.0947.

This high-to-low spread represents a total annual volatility of 0.0251 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1101 to the December average rate of 0.0990, the exchange rate registered a net change of -10.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1198 was up 0.12% compared to the 2022 peak of 0.1197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 599 SZL
2022 Average 535 SZL
Yearly Trough Low 474 SZL
Transaction Impact: A difference of 125.40 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1161
0.0970
JanuMarcMayJulySeptNove

LRD 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 0.1119, compared to 0.1002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.1119
H2 Avg (Jul–Dec) 0.1002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0138 SZL (High: 0.1169 / Low: 0.1031). On the other end, September was the most stable month, with a tight range of 0.0029 SZL (High: 0.1032 / Low: 0.1003).

June Spread (Volatile) ±0.0138
September Spread (Stable) ±0.0029

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 June and July, when the average rate fell by 0.0080 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1145) against the same month in 2022 (average: 0.0977), the exchange rate shifted by +0.0168 (+17.17%).

2023 Avg (March) 0.1145
2022 Avg (March) 0.0977

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1121 0.1087 0.1101
February 0.1198 0.1089 0.1144
March 0.1198 0.1097 0.1145
April 0.1131 0.1094 0.1111
May 0.1174 0.1105 0.1140
June 0.1169 0.1031 0.1073
July 0.1049 0.0947 0.0992
August 0.1046 0.0966 0.1008
September 0.1032 0.1003 0.1017
October 0.1040 0.1001 0.1020
November 0.1009 0.0967 0.0986
December 0.1015 0.0972 0.0990