YEARLY HIGH
1297.4685 STD
YEARLY LOW
1155.6181 STD
YEARLY AVERAGE
1217.2121 STD

2024 SZL to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1297.4685. Conversely, the yearly low was recorded on February 26, dropping to 1155.6181.

This high-to-low spread represents a total annual volatility of 141.8504 STD. From a start-to-finish perspective, comparing the January average rate of 1186.3450 to the December average rate of 1223.0721, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1297.4685 was down 4.38% compared to the 2023 peak of 1356.9554, 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 6,487,342 STD
2023 Average 6,131,831 STD
Yearly Trough Low 5,778,091 STD
Transaction Impact: A difference of 709,251.84 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1278.0805
1165.4033
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 1191.0514, compared to 1243.3729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.3215 points.

H1 Avg (Jan–Jun) 1191.0514
H2 Avg (Jul–Dec) 1243.3729

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 79.8598 STD (High: 1261.5456 / Low: 1181.6858). On the other end, October was the most stable month, with a tight range of 31.8478 STD (High: 1288.3153 / Low: 1256.4676).

December Spread (Volatile) ±79.8598
October Spread (Stable) ±31.8478

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 23.9500 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -23.9500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1264.9129) against the same month in 2023 (average: 1175.6157), the exchange rate shifted by +89.2972 (+7.60%).

2024 Avg (September) 1264.9129
2023 Avg (September) 1175.6157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1206.4165 1164.4258 1186.3450
February 1197.9462 1155.6181 1174.7931
March 1197.8068 1163.8443 1182.6538
April 1204.1141 1160.5104 1181.8923
May 1228.6628 1194.6754 1211.0806
June 1246.5380 1170.6901 1209.5437
July 1240.8419 1206.9427 1222.4205
August 1263.4640 1200.1408 1236.4004
September 1297.4685 1239.1835 1264.9129
October 1288.3153 1256.4676 1268.6907
November 1278.6601 1221.5259 1244.7407
December 1261.5456 1181.6858 1223.0721