2024 SZL to CAD Historical Review

YEARLY HIGH

0.0805 CAD

YEARLY LOW

0.0700 CAD

YEARLY AVERAGE

0.0749 CAD

2024 SZL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0805. Conversely, the yearly low was recorded on February 26, dropping to 0.0700.

This high-to-low spread represents a total annual volatility of 0.0105 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0714 to the December average rate of 0.0783, the exchange rate registered a net change of 9.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0805 was up 0.50% compared to the 2023 peak of 0.0801, 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 402 CAD

2023 Average 366 CAD

Yearly Trough Low 350 CAD

Transaction Impact: A difference of 52.34 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0791

0.0704

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 0.0726, compared to 0.0771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0726

H2 Avg (Jul–Dec) 0.0771

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0045 CAD (High: 0.0766 / Low: 0.0721). On the other end, January was the most stable month, with a tight range of 0.0017 CAD (High: 0.0721 / Low: 0.0704).

June Spread (Volatile) ±0.0045

January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0783) against the same month in 2023 (average: 0.0720), the exchange rate shifted by +0.0063 (+8.75%).

2024 Avg (December) 0.0783

2023 Avg (December) 0.0720

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0721	0.0704	0.0714
February	0.0724	0.0700	0.0711
March	0.0727	0.0709	0.0719
April	0.0740	0.0712	0.0726
May	0.0753	0.0733	0.0743
June	0.0766	0.0721	0.0744
July	0.0761	0.0739	0.0752
August	0.0768	0.0744	0.0758
September	0.0787	0.0753	0.0769
October	0.0792	0.0775	0.0783
November	0.0795	0.0771	0.0781
December	0.0805	0.0763	0.0783