2023 SZL to BZD Historical Review

YEARLY HIGH

0.1198 BZD

YEARLY LOW

0.1019 BZD

YEARLY AVERAGE

0.1094 BZD

2023 SZL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1198. Conversely, the yearly low was recorded on June 1, dropping to 0.1019.

This high-to-low spread represents a total annual volatility of 0.0179 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1179 to the December average rate of 0.1083, the exchange rate registered a net change of -8.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1198 was down 13.72% compared to the 2022 peak of 0.1389, 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 599 BZD

2022 Average 618 BZD

Yearly Trough Low 510 BZD

Transaction Impact: A difference of 89.69 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1191

0.1044

JanuMarcMayJulySeptNove

SZL to BZD 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 0.1109, compared to 0.1078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1109

H2 Avg (Jul–Dec) 0.1078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0092 BZD (High: 0.1148 / Low: 0.1056). On the other end, September was the most stable month, with a tight range of 0.0029 BZD (High: 0.1077 / Low: 0.1048).

July Spread (Volatile) ±0.0092

September Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1179) against the same month in 2022 (average: 0.1303), the exchange rate shifted by -0.0124 (-9.52%).

2023 Avg (January) 0.1179

2022 Avg (January) 0.1303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1198	0.1156	0.1179
February	0.1179	0.1092	0.1127
March	0.1131	0.1078	0.1102
April	0.1133	0.1094	0.1111
May	0.1102	0.1020	0.1059
June	0.1110	0.1019	0.1077
July	0.1148	0.1056	0.1106
August	0.1119	0.1034	0.1073
September	0.1077	0.1048	0.1063
October	0.1073	0.1034	0.1056
November	0.1111	0.1063	0.1088
December	0.1111	0.1055	0.1083