2023 SZL to GBP Historical Review

YEARLY HIGH

0.0495 GBP

YEARLY LOW

0.0404 GBP

YEARLY AVERAGE

0.0437 GBP

2023 SZL to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0495. Conversely, the yearly low was recorded on June 1, dropping to 0.0404.

This high-to-low spread represents a total annual volatility of 0.0091 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0478 to the December average rate of 0.0424, the exchange rate registered a net change of -11.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0495 was down 6.22% compared to the 2022 peak of 0.0527, 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 247 GBP

2022 Average 248 GBP

Yearly Trough Low 202 GBP

Transaction Impact: A difference of 45.44 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0483

0.0413

JanuMarcMayJulySeptNove

SZL to GBP 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 0.0447, compared to 0.0427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0447

H2 Avg (Jul–Dec) 0.0427

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0034 GBP (High: 0.0445 / Low: 0.0411). On the other end, October was the most stable month, with a tight range of 0.0017 GBP (High: 0.0438 / Low: 0.0421).

July Spread (Volatile) ±0.0034

October Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0478) against the same month in 2022 (average: 0.0477), the exchange rate shifted by +0.0001 (+0.17%).

2023 Avg (January) 0.0478

2022 Avg (January) 0.0477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0495	0.0466	0.0478
February	0.0484	0.0450	0.0463
March	0.0462	0.0440	0.0451
April	0.0458	0.0435	0.0443
May	0.0436	0.0407	0.0421
June	0.0430	0.0404	0.0423
July	0.0445	0.0411	0.0426
August	0.0434	0.0404	0.0419
September	0.0437	0.0416	0.0426
October	0.0438	0.0421	0.0431
November	0.0447	0.0420	0.0435
December	0.0433	0.0410	0.0424