YEARLY HIGH
0.4934 SBD
YEARLY LOW
0.4215 SBD
YEARLY AVERAGE
0.4529 SBD

2023 SZL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.4934. Conversely, the yearly low was recorded on June 1, dropping to 0.4215.

This high-to-low spread represents a total annual volatility of 0.0719 SBD. From a start-to-finish perspective, comparing the January average rate of 0.4833 to the December average rate of 0.4539, the exchange rate registered a net change of -6.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4934 was down 10.68% compared to the 2022 peak of 0.5524, 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 2,467 SBD
2022 Average 2,496 SBD
Yearly Trough Low 2,108 SBD
Transaction Impact: A difference of 359.45 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4878
0.4330
JanuMarcMayJulySeptNove

SZL to SBD 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 0.4558, compared to 0.4501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.4558
H2 Avg (Jul–Dec) 0.4501

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0373 SBD (High: 0.4773 / Low: 0.4401). On the other end, September was the most stable month, with a tight range of 0.0109 SBD (High: 0.4481 / Low: 0.4372).

July Spread (Volatile) ±0.0373
September Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0231 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4833) against the same month in 2022 (average: 0.5219), the exchange rate shifted by -0.0387 (-7.41%).

2023 Avg (January) 0.4833
2022 Avg (January) 0.5219

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4934 0.4711 0.4833
February 0.4797 0.4461 0.4601
March 0.4624 0.4408 0.4509
April 0.4642 0.4500 0.4574
May 0.4555 0.4217 0.4375
June 0.4587 0.4215 0.4457
July 0.4773 0.4401 0.4594
August 0.4646 0.4294 0.4457
September 0.4481 0.4372 0.4432
October 0.4491 0.4343 0.4423
November 0.4636 0.4443 0.4558
December 0.4647 0.4427 0.4539