2021 SZL to NAD Historical Review

YEARLY HIGH

1.0587 NAD

YEARLY LOW

0.9318 NAD

YEARLY AVERAGE

1.0010 NAD

2021 SZL to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 1.0587. Conversely, the yearly low was recorded on November 2, dropping to 0.9318.

This high-to-low spread represents a total annual volatility of 0.1269 NAD. From a start-to-finish perspective, comparing the January average rate of 0.9991 to the December average rate of 1.0019, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0587 was down 3.46% compared to the 2020 peak of 1.0966, 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 5,293 NAD

2020 Average 5,007 NAD

Yearly Trough Low 4,659 NAD

Transaction Impact: A difference of 634.65 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0226

0.9898

JanuMarcMayJulySeptNove

SZL to NAD 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 0.9993, compared to 1.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.9993

H2 Avg (Jul–Dec) 1.0027

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0879 NAD (High: 1.0196 / Low: 0.9318). On the other end, May was the most stable month, with a tight range of 0.0122 NAD (High: 1.0014 / Low: 0.9891).

November Spread (Volatile) ±0.0879

May Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0195 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 1.0199) against the same month in 2020 (average: 1.0035), the exchange rate shifted by +0.0164 (+1.63%).

2021 Avg (September) 1.0199

2020 Avg (September) 1.0035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0053	0.9905	0.9991
February	1.0099	0.9694	0.9974
March	1.0180	0.9862	0.9997
April	1.0085	0.9954	1.0022
May	1.0014	0.9891	0.9983
June	1.0173	0.9732	0.9988
July	1.0201	0.9841	1.0035
August	1.0326	0.9468	0.9926
September	1.0587	0.9927	1.0199
October	1.0119	0.9889	1.0004
November	1.0196	0.9318	0.9981
December	1.0183	0.9940	1.0019