YEARLY HIGH
1.0554 ZAR
YEARLY LOW
0.9825 ZAR
YEARLY AVERAGE
1.0023 ZAR

2011 SZL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.0554. Conversely, the yearly low was recorded on October 27, dropping to 0.9825.

This high-to-low spread represents a total annual volatility of 0.0729 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.0024 to the December average rate of 0.9996, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0554 was up 3.46% compared to the 2010 peak of 1.0201, 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 5,277 ZAR
2010 Average 4,999 ZAR
Yearly Trough Low 4,912 ZAR
Transaction Impact: A difference of 364.51 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0172
0.9968
JanuMarcMayJulySeptNove

SZL to ZAR 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 1.0007, compared to 1.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 1.0007
H2 Avg (Jul–Dec) 1.0040

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0679 ZAR (High: 1.0504 / Low: 0.9825). On the other end, December was the most stable month, with a tight range of 0.0095 ZAR (High: 1.0031 / Low: 0.9935).

October Spread (Volatile) ±0.0679
December Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0093 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 1.0155) against the same month in 2010 (average: 0.9967), the exchange rate shifted by +0.0188 (+1.89%).

2011 Avg (September) 1.0155
2010 Avg (September) 0.9967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0096 0.9958 1.0024
February 1.0067 0.9881 1.0003
March 1.0097 0.9919 0.9985
April 1.0163 0.9912 0.9987
May 1.0138 0.9927 1.0030
June 1.0091 0.9943 1.0011
July 1.0110 0.9927 0.9994
August 1.0216 0.9904 1.0018
September 1.0554 0.9973 1.0155
October 1.0504 0.9825 1.0062
November 1.0100 0.9923 1.0011
December 1.0031 0.9935 0.9996