2023 SZL to CAD Historical Review

YEARLY HIGH

0.0801 CAD

YEARLY LOW

0.0680 CAD

YEARLY AVERAGE

0.0733 CAD

2023 SZL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0801. Conversely, the yearly low was recorded on June 1, dropping to 0.0680.

This high-to-low spread represents a total annual volatility of 0.0121 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0785 to the December average rate of 0.0720, the exchange rate registered a net change of -8.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0801 was down 7.58% compared to the 2022 peak of 0.0867, 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 400 CAD

2022 Average 399 CAD

Yearly Trough Low 340 CAD

Transaction Impact: A difference of 60.45 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0792

0.0703

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 0.0742, compared to 0.0723 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) 0.0742

H2 Avg (Jul–Dec) 0.0723

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0056 CAD (High: 0.0743 / Low: 0.0687). On the other end, September was the most stable month, with a tight range of 0.0019 CAD (High: 0.0725 / Low: 0.0706).

May Spread (Volatile) ±0.0056

September Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between September and November, 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 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0785) against the same month in 2022 (average: 0.0816), the exchange rate shifted by -0.0031 (-3.86%).

2023 Avg (January) 0.0785

2022 Avg (January) 0.0816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0801	0.0763	0.0785
February	0.0782	0.0738	0.0752
March	0.0761	0.0737	0.0751
April	0.0761	0.0730	0.0746
May	0.0743	0.0687	0.0711
June	0.0726	0.0680	0.0710
July	0.0753	0.0701	0.0726
August	0.0737	0.0692	0.0718
September	0.0725	0.0706	0.0715
October	0.0739	0.0700	0.0719
November	0.0754	0.0719	0.0741
December	0.0734	0.0702	0.0720