YEARLY HIGH
166.7152 CDF
YEARLY LOW
140.6663 CDF
YEARLY AVERAGE
153.8415 CDF

2024 SZL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 166.7152. Conversely, the yearly low was recorded on January 20, dropping to 140.6663.

This high-to-low spread represents a total annual volatility of 26.0488 CDF. From a start-to-finish perspective, comparing the January average rate of 144.9191 to the December average rate of 156.6747, the exchange rate registered a net change of 8.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 166.7152 was up 9.60% compared to the 2023 peak of 152.1077, 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 833,576 CDF
2023 Average 633,079 CDF
Yearly Trough Low 703,332 CDF
Transaction Impact: A difference of 130,244.22 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

164.3455
143.1530
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 148.5399, compared to 159.1430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.6032 points.

H1 Avg (Jan–Jun) 148.5399
H2 Avg (Jul–Dec) 159.1430

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 10.5321 CDF (High: 162.0309 / Low: 151.4987). On the other end, February was the most stable month, with a tight range of 4.2934 CDF (High: 147.5806 / Low: 143.2873).

December Spread (Volatile) ±10.5321
February Spread (Stable) ±4.2934

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.1318 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -3.1318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 161.6991) against the same month in 2023 (average: 131.0438), the exchange rate shifted by +30.6553 (+23.39%).

2024 Avg (September) 161.6991
2023 Avg (September) 131.0438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 147.9107 140.6663 144.9191
February 147.5806 143.2873 145.3218
March 149.0242 144.6853 147.2483
April 151.4886 144.7356 148.0719
May 154.5079 149.7454 151.9442
June 158.0230 149.1150 153.7340
July 159.5749 153.1904 156.0188
August 161.4926 153.7337 158.0796
September 166.7152 158.2223 161.6991
October 165.0388 160.6315 162.5794
November 163.7996 156.8525 159.8066
December 162.0309 151.4987 156.6747