YEARLY HIGH
0.0901 CAD
YEARLY LOW
0.0788 CAD
YEARLY AVERAGE
0.0850 CAD

2021 SZL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 0.0901. Conversely, the yearly low was recorded on November 29, dropping to 0.0788.

This high-to-low spread represents a total annual volatility of 0.0112 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0843 to the December average rate of 0.0806, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0901 was down 2.96% compared to the 2020 peak of 0.0928, 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 450 CAD
2020 Average 409 CAD
Yearly Trough Low 394 CAD
Transaction Impact: A difference of 56.14 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0891
0.0799
JanuMarcMayJulySeptNove

SZL to CAD 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 0.0859, compared to 0.0840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0859
H2 Avg (Jul–Dec) 0.0840

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0065 CAD (High: 0.0901 / Low: 0.0836). On the other end, May was the most stable month, with a tight range of 0.0028 CAD (High: 0.0877 / Low: 0.0849).

September Spread (Volatile) ±0.0065
May Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0035 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.0872) against the same month in 2020 (average: 0.0790), the exchange rate shifted by +0.0082 (+10.39%).

2021 Avg (September) 0.0872
2020 Avg (September) 0.0790

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0876 0.0826 0.0843
February 0.0875 0.0847 0.0860
March 0.0852 0.0815 0.0839
April 0.0883 0.0851 0.0866
May 0.0877 0.0849 0.0862
June 0.0899 0.0861 0.0883
July 0.0882 0.0845 0.0864
August 0.0872 0.0831 0.0851
September 0.0901 0.0836 0.0872
October 0.0855 0.0815 0.0837
November 0.0830 0.0788 0.0812
December 0.0823 0.0792 0.0806