2021 NZD to SZL Historical Review

YEARLY HIGH

11.1217 SZL

YEARLY LOW

9.6310 SZL

YEARLY AVERAGE

10.4468 SZL

2021 NZD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 11.1217. Conversely, the yearly low was recorded on June 17, dropping to 9.6310.

This high-to-low spread represents a total annual volatility of 1.4907 SZL. From a start-to-finish perspective, comparing the January average rate of 10.8473 to the December average rate of 10.7722, the exchange rate registered a net change of -0.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.1217 was down 5.38% compared to the 2020 peak of 11.7542, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,609 SZL

2020 Average 53,391 SZL

Yearly Trough Low 48,155 SZL

Transaction Impact: A difference of 7,453.34 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.9605

9.7327

JanuMarcMayJulySeptNove

NZD 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 10.4206, compared to 10.4730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0524 points.

H1 Avg (Jan–Jun) 10.4206

H2 Avg (Jul–Dec) 10.4730

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.7864 SZL (High: 11.0756 / Low: 10.2892). On the other end, April was the most stable month, with a tight range of 0.2829 SZL (High: 10.4456 / Low: 10.1627).

March Spread (Volatile) ±0.7864

April Spread (Stable) ±0.2829

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.4037 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 10.8473) against the same month in 2020 (average: 9.4917), the exchange rate shifted by +1.3556 (+14.28%).

2021 Avg (January) 10.8473

2020 Avg (January) 9.4917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1217	10.3944	10.8473
February	10.8973	10.4435	10.7030
March	11.0756	10.2892	10.6885
April	10.4456	10.1627	10.2848
May	10.3850	9.9912	10.1652
June	10.0392	9.6310	9.8350
July	10.3740	9.8734	10.1234
August	10.4953	10.0835	10.3296
September	10.5239	10.0250	10.2625
October	10.9018	10.3267	10.4919
November	11.0863	10.6410	10.8582
December	10.9857	10.5874	10.7722