YEARLY HIGH
691.4414 GNF
YEARLY LOW
595.1525 GNF
YEARLY AVERAGE
639.7033 GNF

2019 SZL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SZL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 691.4414. Conversely, the yearly low was recorded on August 12, dropping to 595.1525.

This high-to-low spread represents a total annual volatility of 96.2889 GNF. From a start-to-finish perspective, comparing the January average rate of 660.0338 to the December average rate of 657.6577, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 691.4414 was down 11.25% compared to the 2018 peak of 779.0925, 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 3,457,207 GNF
2018 Average 3,438,774 GNF
Yearly Trough Low 2,975,763 GNF
Transaction Impact: A difference of 481,444.61 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

671.2869
603.7219
JanuMarcMayJulySeptNove

SZL to GNF 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 646.8133, compared to 632.5933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.2199 points.

H1 Avg (Jan–Jun) 646.8133
H2 Avg (Jul–Dec) 632.5933

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 53.9734 GNF (High: 685.9095 / Low: 631.9361). On the other end, July was the most stable month, with a tight range of 17.0211 GNF (High: 664.2452 / Low: 647.2240).

January Spread (Volatile) ±53.9734
July Spread (Stable) ±17.0211

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 46.2908 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -46.2908

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 665.6565) against the same month in 2018 (average: 760.6278), the exchange rate shifted by -94.9713 (-12.49%).

2019 Avg (February) 665.6565
2018 Avg (February) 760.6278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 685.9095 631.9361 660.0338
February 691.4414 645.4272 665.6565
March 659.7570 621.9438 639.4475
April 660.3436 632.9599 649.0644
May 646.2974 624.1010 637.2718
June 650.2054 609.9803 629.4057
July 664.2452 647.2240 655.6431
August 647.6347 595.1525 609.3523
September 633.0607 603.0665 621.2302
October 637.8439 603.4084 620.2243
November 651.0688 607.3276 631.4524
December 681.7281 642.8733 657.6577