YEARLY HIGH
0.1654 TOP
YEARLY LOW
0.1413 TOP
YEARLY AVERAGE
0.1536 TOP

2021 SZL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.1654. Conversely, the yearly low was recorded on November 29, dropping to 0.1413.

This high-to-low spread represents a total annual volatility of 0.0242 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1511 to the December average rate of 0.1439, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1654 was up 1.44% compared to the 2020 peak of 0.1631, 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 827 TOP
2020 Average 704 TOP
Yearly Trough Low 706 TOP
Transaction Impact: A difference of 120.77 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1631
0.1422
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 0.1563, compared to 0.1508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1563
H2 Avg (Jul–Dec) 0.1508

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0094 TOP (High: 0.1594 / Low: 0.1500). On the other end, April was the most stable month, with a tight range of 0.0039 TOP (High: 0.1595 / Low: 0.1556).

September Spread (Volatile) ±0.0094
April Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1613) against the same month in 2020 (average: 0.1326), the exchange rate shifted by +0.0287 (+21.65%).

2021 Avg (June) 0.1613
2020 Avg (June) 0.1326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1559 0.1465 0.1511
February 0.1589 0.1516 0.1554
March 0.1548 0.1475 0.1522
April 0.1595 0.1556 0.1576
May 0.1626 0.1564 0.1601
June 0.1654 0.1574 0.1613
July 0.1591 0.1519 0.1559
August 0.1573 0.1485 0.1529
September 0.1594 0.1500 0.1549
October 0.1550 0.1470 0.1515
November 0.1499 0.1413 0.1457
December 0.1467 0.1414 0.1439