YEARLY HIGH
12.7052 DJF
YEARLY LOW
9.3305 DJF
YEARLY AVERAGE
10.8866 DJF

2020 SZL to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 12.7052. Conversely, the yearly low was recorded on April 23, dropping to 9.3305.

This high-to-low spread represents a total annual volatility of 3.3747 DJF. From a start-to-finish perspective, comparing the January average rate of 12.4022 to the December average rate of 11.9507, the exchange rate registered a net change of -3.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.7052 was down 5.04% compared to the 2019 peak of 13.3802, 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 63,526 DJF
2019 Average 61,651 DJF
Yearly Trough Low 46,653 DJF
Transaction Impact: A difference of 16,873.48 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.6828
9.3157
JanuMarcMayJulySeptNove

SZL to DJF 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 10.8004, compared to 10.9728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1724 points.

H1 Avg (Jan–Jun) 10.8004
H2 Avg (Jul–Dec) 10.9728

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.7052 DJF (High: 11.6493 / Low: 9.9440). On the other end, October was the most stable month, with a tight range of 0.3645 DJF (High: 11.0263 / Low: 10.6619).

March Spread (Volatile) ±1.7052
October Spread (Stable) ±0.3645

Growth Streaks & Declines

Trends

Between 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 1.1517 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.1517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 12.4022) against the same month in 2019 (average: 12.7563), the exchange rate shifted by -0.3541 (-2.78%).

2020 Avg (January) 12.4022
2019 Avg (January) 12.7563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.7052 12.0474 12.4022
February 12.0923 11.6405 11.8802
March 11.6493 9.9440 10.7286
April 9.9434 9.3305 9.5963
May 10.2479 9.5201 9.7978
June 10.7507 10.1947 10.3972
July 10.8190 10.3235 10.6230
August 10.6942 10.0473 10.3514
September 11.0117 10.3887 10.6360
October 11.0263 10.6619 10.8129
November 11.7140 10.9203 11.4628
December 12.2117 11.6117 11.9507