YEARLY HIGH
0.6766 HKD
YEARLY LOW
0.5063 HKD
YEARLY AVERAGE
0.5961 HKD

2018 SZL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.6766. Conversely, the yearly low was recorded on September 5, dropping to 0.5063.

This high-to-low spread represents a total annual volatility of 0.1703 HKD. From a start-to-finish perspective, comparing the January average rate of 0.6412 to the December average rate of 0.5496, the exchange rate registered a net change of -14.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6766 was up 6.46% compared to the 2017 peak of 0.6356, 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 3,383 HKD
2017 Average 2,930 HKD
Yearly Trough Low 2,532 HKD
Transaction Impact: A difference of 851.30 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6749
0.5188
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 0.6385, compared to 0.5538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0847 points.

H1 Avg (Jan–Jun) 0.6385
H2 Avg (Jul–Dec) 0.5538

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0567 HKD (High: 0.5927 / Low: 0.5360). On the other end, March was the most stable month, with a tight range of 0.0214 HKD (High: 0.6732 / Low: 0.6518).

August Spread (Volatile) ±0.0567
March Spread (Stable) ±0.0214

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0335 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6605) against the same month in 2017 (average: 0.5877), the exchange rate shifted by +0.0728 (+12.39%).

2018 Avg (February) 0.6605
2017 Avg (February) 0.5877

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6592 0.6242 0.6412
February 0.6766 0.6429 0.6605
March 0.6732 0.6518 0.6619
April 0.6643 0.6305 0.6492
May 0.6403 0.6150 0.6259
June 0.6237 0.5684 0.5923
July 0.5989 0.5667 0.5853
August 0.5927 0.5360 0.5606
September 0.5533 0.5063 0.5318
October 0.5537 0.5255 0.5398
November 0.5709 0.5387 0.5556
December 0.5726 0.5379 0.5496