2023 SZL to STD Historical Review

YEARLY HIGH

1356.9554 STD

YEARLY LOW

1143.2427 STD

YEARLY AVERAGE

1226.6372 STD

2023 SZL to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1356.9554. Conversely, the yearly low was recorded on August 15, dropping to 1143.2427.

This high-to-low spread represents a total annual volatility of 213.7128 STD. From a start-to-finish perspective, comparing the January average rate of 1334.5538 to the December average rate of 1195.9681, the exchange rate registered a net change of -10.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1356.9554 was down 10.11% compared to the 2022 peak of 1509.6042, 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 6,784,777 STD

2022 Average 6,792,915 STD

Yearly Trough Low 5,716,213 STD

Transaction Impact: A difference of 1,068,563.76 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1351.1438

1152.0639

JanuMarcMayJulySeptNove

SZL to STD 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 1256.5746, compared to 1196.6999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 59.8747 points.

H1 Avg (Jan–Jun) 1256.5746

H2 Avg (Jul–Dec) 1196.6999

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 101.7753 STD (High: 1256.1805 / Low: 1154.4052). On the other end, September was the most stable month, with a tight range of 31.0376 STD (High: 1190.5012 / Low: 1159.4636).

June Spread (Volatile) ±101.7753

September Spread (Stable) ±31.0376

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 July and August, when the average rate fell by 62.7586 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -62.7586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1334.5538) against the same month in 2022 (average: 1366.9644), the exchange rate shifted by -32.4106 (-2.37%).

2023 Avg (January) 1334.5538

2022 Avg (January) 1366.9644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1356.9554	1309.0523	1334.5538
February	1335.5173	1236.7399	1275.5317
March	1281.8866	1225.4901	1250.6425
April	1285.4332	1239.1157	1259.0666
May	1248.5772	1154.8579	1199.3949
June	1256.1805	1154.4052	1220.2583
July	1299.5922	1203.8745	1249.4173
August	1236.9013	1143.2427	1186.6587
September	1190.5012	1159.4636	1175.6157
October	1186.7199	1146.7365	1168.6539
November	1226.9642	1175.7461	1203.8856
December	1221.6891	1166.7010	1195.9681