YEARLY HIGH
0.5818 HKD
YEARLY LOW
0.4631 HKD
YEARLY AVERAGE
0.5296 HKD

2016 SZL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5818. Conversely, the yearly low was recorded on January 18, dropping to 0.4631.

This high-to-low spread represents a total annual volatility of 0.1187 HKD. From a start-to-finish perspective, comparing the January average rate of 0.4783 to the December average rate of 0.5591, the exchange rate registered a net change of 16.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5818 was down 15.04% compared to the 2015 peak of 0.6848, 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 2,909 HKD
2015 Average 3,055 HKD
Yearly Trough Low 2,316 HKD
Transaction Impact: A difference of 593.47 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5731
0.4697
JanuMarcMayJulySeptNove

SZL to HKD 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 0.5050, compared to 0.5542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 0.5050
H2 Avg (Jul–Dec) 0.5542

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0547 HKD (High: 0.5467 / Low: 0.4920). On the other end, December was the most stable month, with a tight range of 0.0259 HKD (High: 0.5739 / Low: 0.5481).

May Spread (Volatile) ±0.0547
December Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

Between January and April, 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 0.0232 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.5550) against the same month in 2015 (average: 0.5477), the exchange rate shifted by +0.0072 (+1.32%).

2016 Avg (November) 0.5550
2015 Avg (November) 0.5477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5005 0.4631 0.4783
February 0.5094 0.4824 0.4927
March 0.5238 0.4907 0.5051
April 0.5458 0.5092 0.5309
May 0.5467 0.4920 0.5078
June 0.5376 0.4968 0.5149
July 0.5558 0.5255 0.5388
August 0.5813 0.5372 0.5645
September 0.5727 0.5310 0.5512
October 0.5716 0.5429 0.5568
November 0.5818 0.5352 0.5550
December 0.5739 0.5481 0.5591