YEARLY HIGH
0.0447 GBP
YEARLY LOW
0.0409 GBP
YEARLY AVERAGE
0.0427 GBP

2024 SZL to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0447. Conversely, the yearly low was recorded on February 26, dropping to 0.0409.

This high-to-low spread represents a total annual volatility of 0.0038 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0419 to the December average rate of 0.0434, the exchange rate registered a net change of 3.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0447 was down 9.71% compared to the 2023 peak of 0.0495, 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 223 GBP
2023 Average 218 GBP
Yearly Trough Low 204 GBP
Transaction Impact: A difference of 18.86 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0440
0.0415
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 0.0423, compared to 0.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0423
H2 Avg (Jul–Dec) 0.0432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0030 GBP (High: 0.0443 / Low: 0.0413). On the other end, October was the most stable month, with a tight range of 0.0006 GBP (High: 0.0441 / Low: 0.0434).

June Spread (Volatile) ±0.0030
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0434) against the same month in 2023 (average: 0.0424), the exchange rate shifted by +0.0011 (+2.52%).

2024 Avg (December) 0.0434
2023 Avg (December) 0.0424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0429 0.0411 0.0419
February 0.0426 0.0409 0.0417
March 0.0422 0.0413 0.0418
April 0.0431 0.0418 0.0424
May 0.0435 0.0422 0.0430
June 0.0443 0.0413 0.0427
July 0.0438 0.0421 0.0426
August 0.0433 0.0421 0.0429
September 0.0435 0.0424 0.0429
October 0.0441 0.0434 0.0436
November 0.0445 0.0433 0.0438
December 0.0447 0.0424 0.0434