YEARLY HIGH
685.6983 GNF
YEARLY LOW
497.8936 GNF
YEARLY AVERAGE
588.4885 GNF

2020 SZL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 685.6983. Conversely, the yearly low was recorded on April 25, dropping to 497.8936.

This high-to-low spread represents a total annual volatility of 187.8047 GNF. From a start-to-finish perspective, comparing the January average rate of 660.7592 to the December average rate of 667.5733, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 685.6983 was down 0.83% compared to the 2019 peak of 691.4414, 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 3,428,492 GNF
2019 Average 3,197,829 GNF
Yearly Trough Low 2,489,468 GNF
Transaction Impact: A difference of 939,023.49 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

683.1547
496.1780
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 575.8237, compared to 601.1532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.3295 points.

H1 Avg (Jan–Jun) 575.8237
H2 Avg (Jul–Dec) 601.1532

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 93.4480 GNF (High: 624.0551 / Low: 530.6071). On the other end, October was the most stable month, with a tight range of 20.8546 GNF (High: 606.4402 / Low: 585.5856).

March Spread (Volatile) ±93.4480
October Spread (Stable) ±20.8546

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 60.8344 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -60.8344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 667.5733) against the same month in 2019 (average: 657.6577), the exchange rate shifted by +9.9156 (+1.51%).

2020 Avg (December) 667.5733
2019 Avg (December) 657.6577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 680.1722 637.0558 660.7592
February 643.8751 617.0103 631.9736
March 624.0551 530.6071 571.1392
April 530.6089 497.8936 511.7594
May 547.9167 505.1547 521.3873
June 576.3436 546.4942 557.9237
July 585.2461 558.5116 574.4652
August 577.6320 543.7439 560.8288
September 600.2331 568.3012 579.5411
October 606.4402 585.5856 594.0243
November 646.9000 601.1509 630.4865
December 685.6983 641.9891 667.5733