2021 SZL to BWP Historical Review

YEARLY HIGH

0.7890 BWP

YEARLY LOW

0.7168 BWP

YEARLY AVERAGE

0.7507 BWP

2021 SZL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.7890. Conversely, the yearly low was recorded on January 11, dropping to 0.7168.

This high-to-low spread represents a total annual volatility of 0.0722 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7270 to the December average rate of 0.7386, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7890 was up 4.26% compared to the 2020 peak of 0.7568, 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 3,945 BWP

2020 Average 3,489 BWP

Yearly Trough Low 3,584 BWP

Transaction Impact: A difference of 361.04 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7782

0.7223

JanuMarcMayJulySeptNove

SZL to BWP 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 0.7490, compared to 0.7524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.7490

H2 Avg (Jul–Dec) 0.7524

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0287 BWP (High: 0.7586 / Low: 0.7299). On the other end, April was the most stable month, with a tight range of 0.0140 BWP (High: 0.7624 / Low: 0.7483).

November Spread (Volatile) ±0.0287

April Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between March and June, 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 0.0141 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.7736) against the same month in 2020 (average: 0.6835), the exchange rate shifted by +0.0900 (+13.17%).

2021 Avg (June) 0.7736

2020 Avg (June) 0.6835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7374	0.7168	0.7270
February	0.7466	0.7264	0.7376
March	0.7461	0.7226	0.7375
April	0.7624	0.7483	0.7542
May	0.7729	0.7529	0.7639
June	0.7890	0.7633	0.7736
July	0.7707	0.7478	0.7595
August	0.7630	0.7378	0.7524
September	0.7757	0.7472	0.7617
October	0.7693	0.7440	0.7567
November	0.7586	0.7299	0.7458
December	0.7508	0.7305	0.7386