2020 SZL to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SZL to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SZL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 135.2257. Conversely, the yearly low was recorded on April 6, dropping to 90.1001.
This high-to-low spread represents a total annual volatility of 45.1257 CDF. From a start-to-finish perspective, comparing the January average rate of 117.4968 to the December average rate of 131.2362, the exchange rate registered a net change of 11.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 135.2257 was up 9.72% compared to the 2019 peak of 123.2465, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SZL to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 105.5533, compared to 120.6384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.0851 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 37.2671 CDF (High: 135.2257 / Low: 97.9586). On the other end, February was the most stable month, with a tight range of 3.7394 CDF (High: 114.6509 / Low: 110.9115).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 10.0964 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 131.2362) against the same month in 2019 (average: 116.4400), the exchange rate shifted by +14.7962 (+12.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 120.3069 | 114.0609 | 117.4968 |
| February | 114.6509 | 110.9115 | 112.8067 |
| March | 111.1529 | 95.5378 | 102.7103 |
| April | 95.5588 | 90.1001 | 92.6199 |
| May | 104.9614 | 92.7571 | 98.3499 |
| June | 111.6341 | 104.7723 | 109.3359 |
| July | 119.6184 | 111.5915 | 116.1174 |
| August | 118.0833 | 111.0461 | 114.1774 |
| September | 121.4609 | 114.7113 | 117.2614 |
| October | 121.2857 | 109.5247 | 118.4407 |
| November | 129.3480 | 120.4023 | 126.5971 |
| December | 135.2257 | 97.9586 | 131.2362 |