YEARLY HIGH
5.2399 SZL
YEARLY LOW
3.8478 SZL
YEARLY AVERAGE
4.5191 SZL

2020 QAR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 5.2399. Conversely, the yearly low was recorded on January 4, dropping to 3.8478.

This high-to-low spread represents a total annual volatility of 1.3921 SZL. From a start-to-finish perspective, comparing the January average rate of 3.9431 to the December average rate of 4.0919, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 5.2399 was up 23.57% compared to the 2019 peak of 4.2405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26,200 SZL
2019 Average 19,838 SZL
Yearly Trough Low 19,239 SZL
Transaction Impact: A difference of 6,960.31 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

5.2126
3.8277
JanuMarcMayJulySeptNove

QAR 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 4.5703, compared to 4.4679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1024 points.

H1 Avg (Jan–Jun) 4.5703
H2 Avg (Jul–Dec) 4.4679

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7191 SZL (High: 4.9163 / Low: 4.1972). On the other end, February was the most stable month, with a tight range of 0.1554 SZL (High: 4.1995 / Low: 4.0441).

March Spread (Volatile) ±0.7191
February Spread (Stable) ±0.1554

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 0.2882 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 5.0972) against the same month in 2019 (average: 3.8834), the exchange rate shifted by +1.2137 (+31.25%).

2020 Avg (April) 5.0972
2019 Avg (April) 3.8834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0580 3.8478 3.9431
February 4.1995 4.0441 4.1162
March 4.9163 4.1972 4.5701
April 5.2399 4.9166 5.0972
May 5.1356 4.7705 4.9918
June 4.7958 4.5487 4.7036
July 4.7385 4.5192 4.6037
August 4.8664 4.5727 4.7233
September 4.7069 4.4398 4.5985
October 4.5869 4.4284 4.5225
November 4.4768 4.1740 4.2676
December 4.2117 4.0033 4.0919