YEARLY HIGH
0.1607 XCD
YEARLY LOW
0.1367 XCD
YEARLY AVERAGE
0.1467 XCD

2023 SZL to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1607. Conversely, the yearly low was recorded on June 1, dropping to 0.1367.

This high-to-low spread represents a total annual volatility of 0.0240 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1580 to the December average rate of 0.1451, the exchange rate registered a net change of -8.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1607 was down 13.73% compared to the 2022 peak of 0.1863, 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 803 XCD
2022 Average 829 XCD
Yearly Trough Low 683 XCD
Transaction Impact: A difference of 119.92 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1596
0.1401
JanuMarcMayJulySeptNove

SZL to XCD 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 0.1488, compared to 0.1446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1488
H2 Avg (Jul–Dec) 0.1446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0121 XCD (High: 0.1487 / Low: 0.1367). On the other end, September was the most stable month, with a tight range of 0.0038 XCD (High: 0.1444 / Low: 0.1406).

June Spread (Volatile) ±0.0121
September Spread (Stable) ±0.0038

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 0.0071 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1580) against the same month in 2022 (average: 0.1747), the exchange rate shifted by -0.0167 (-9.54%).

2023 Avg (January) 0.1580
2022 Avg (January) 0.1747

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1607 0.1550 0.1580
February 0.1581 0.1464 0.1510
March 0.1518 0.1451 0.1481
April 0.1522 0.1467 0.1491
May 0.1478 0.1367 0.1420
June 0.1487 0.1367 0.1445
July 0.1539 0.1425 0.1484
August 0.1500 0.1387 0.1439
September 0.1444 0.1406 0.1426
October 0.1439 0.1391 0.1417
November 0.1488 0.1426 0.1460
December 0.1482 0.1415 0.1451