YEARLY HIGH
0.0872 AUD
YEARLY LOW
0.0769 AUD
YEARLY AVERAGE
0.0817 AUD

2023 SZL to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0872. Conversely, the yearly low was recorded on June 1, dropping to 0.0769.

This high-to-low spread represents a total annual volatility of 0.0103 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0840 to the December average rate of 0.0801, the exchange rate registered a net change of -4.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0872 was down 6.89% compared to the 2022 peak of 0.0937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 436 AUD
2022 Average 441 AUD
Yearly Trough Low 385 AUD
Transaction Impact: A difference of 51.72 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0845
0.0786
JanuMarcMayJulySeptNove

SZL to AUD 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 0.0814, compared to 0.0820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0814
H2 Avg (Jul–Dec) 0.0820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0064 AUD (High: 0.0854 / Low: 0.0790). On the other end, September was the most stable month, with a tight range of 0.0017 AUD (High: 0.0832 / Low: 0.0815).

July Spread (Volatile) ±0.0064
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0840) against the same month in 2022 (average: 0.0901), the exchange rate shifted by -0.0061 (-6.75%).

2023 Avg (January) 0.0840
2022 Avg (January) 0.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0872 0.0812 0.0840
February 0.0842 0.0797 0.0811
March 0.0840 0.0805 0.0820
April 0.0846 0.0810 0.0825
May 0.0822 0.0776 0.0791
June 0.0817 0.0769 0.0796
July 0.0854 0.0790 0.0816
August 0.0839 0.0795 0.0822
September 0.0832 0.0815 0.0822
October 0.0840 0.0803 0.0826
November 0.0848 0.0803 0.0831
December 0.0819 0.0782 0.0801