2022 SZL to TOP Historical Review

YEARLY HIGH

0.1558 TOP

YEARLY LOW

0.1315 TOP

YEARLY AVERAGE

0.1429 TOP

2022 SZL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SZL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1558. Conversely, the yearly low was recorded on October 31, dropping to 0.1315.

This high-to-low spread represents a total annual volatility of 0.0243 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1471 to the December average rate of 0.1360, the exchange rate registered a net change of -7.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1558 was down 5.80% compared to the 2021 peak of 0.1654, 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 779 TOP

2021 Average 768 TOP

Yearly Trough Low 658 TOP

Transaction Impact: A difference of 121.50 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1531

0.1327

JanuMarcMayJulySeptNove

SZL to TOP 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 0.1486, compared to 0.1371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.1486

H2 Avg (Jul–Dec) 0.1371

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0113 TOP (High: 0.1558 / Low: 0.1445). On the other end, October was the most stable month, with a tight range of 0.0046 TOP (High: 0.1361 / Low: 0.1315).

April Spread (Volatile) ±0.0113

October Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.1514) against the same month in 2021 (average: 0.1576), the exchange rate shifted by -0.0062 (-3.92%).

2022 Avg (April) 0.1514

2021 Avg (April) 0.1576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1504	0.1423	0.1471
February	0.1517	0.1463	0.1489
March	0.1551	0.1470	0.1509
April	0.1558	0.1445	0.1514
May	0.1490	0.1431	0.1461
June	0.1510	0.1440	0.1474
July	0.1448	0.1369	0.1400
August	0.1432	0.1375	0.1399
September	0.1387	0.1333	0.1360
October	0.1361	0.1315	0.1344
November	0.1396	0.1316	0.1365
December	0.1385	0.1329	0.1360