YEARLY HIGH
34.5737 SDG
YEARLY LOW
29.7110 SDG
YEARLY AVERAGE
32.3584 SDG

2023 SZL to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 34.5737. Conversely, the yearly low was recorded on November 20, dropping to 29.7110.

This high-to-low spread represents a total annual volatility of 4.8627 SDG. From a start-to-finish perspective, comparing the January average rate of 33.7285 to the December average rate of 32.2585, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.5737 was down 1.80% compared to the 2022 peak of 35.2069, 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 172,869 SDG
2022 Average 152,103 SDG
Yearly Trough Low 148,555 SDG
Transaction Impact: A difference of 24,313.69 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.9496
31.2963
JanuMarcMayJulySeptNove

SZL to SDG 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 32.5709, compared to 32.1458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4251 points.

H1 Avg (Jan–Jun) 32.5709
H2 Avg (Jul–Dec) 32.1458

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 3.3835 SDG (High: 33.0945 / Low: 29.7110). On the other end, September was the most stable month, with a tight range of 0.8540 SDG (High: 32.1377 / Low: 31.2837).

November Spread (Volatile) ±3.3835
September Spread (Stable) ±0.8540

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 April and May, when the average rate fell by 1.4478 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4478

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 33.7285) against the same month in 2022 (average: 28.3303), the exchange rate shifted by +5.3982 (+19.05%).

2023 Avg (January) 33.7285
2022 Avg (January) 28.3303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.5737 32.9889 33.7285
February 34.1428 31.9218 32.7242
March 33.4457 30.8750 32.3136
April 33.6227 31.2337 32.9818
May 32.7407 30.4097 31.5340
June 33.1052 30.3977 32.1436
July 34.2493 31.6740 33.0082
August 33.3903 30.8363 32.0255
September 32.1377 31.2837 31.7236
October 31.9824 30.9563 31.5174
November 33.0945 29.7110 32.3416
December 32.9522 31.4691 32.2585