YEARLY HIGH
9.6209 SZL
YEARLY LOW
8.3836 SZL
YEARLY AVERAGE
8.9334 SZL

2021 BAM to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 9.6209. Conversely, the yearly low was recorded on June 7, dropping to 8.3836.

This high-to-low spread represents a total annual volatility of 1.2373 SZL. From a start-to-finish perspective, comparing the January average rate of 9.3958 to the December average rate of 9.1747, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.6209 was down 9.61% compared to the 2020 peak of 10.6437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 48,104 SZL
2020 Average 47,968 SZL
Yearly Trough Low 41,918 SZL
Transaction Impact: A difference of 6,186.35 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.4817
8.4510
JanuMarcMayJulySeptNove

BAM to SZL 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 8.9555, compared to 8.9114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0441 points.

H1 Avg (Jan–Jun) 8.9555
H2 Avg (Jul–Dec) 8.9114

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.4872 SZL (High: 9.4189 / Low: 8.9317). On the other end, April was the most stable month, with a tight range of 0.2128 SZL (High: 8.9075 / Low: 8.6947).

March Spread (Volatile) ±0.4872
April Spread (Stable) ±0.2128

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.2995 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 9.3958) against the same month in 2020 (average: 8.1500), the exchange rate shifted by +1.2458 (+15.29%).

2021 Avg (January) 9.3958
2020 Avg (January) 8.1500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.6209 9.1665 9.3958
February 9.2878 8.9530 9.1305
March 9.4189 8.9317 9.1174
April 8.9075 8.6947 8.8179
May 8.8961 8.5764 8.7343
June 8.6976 8.3836 8.5369
July 8.9694 8.6296 8.7632
August 9.1429 8.7040 8.9117
September 8.9894 8.5260 8.7572
October 9.0501 8.6146 8.8233
November 9.3280 8.8458 9.0381
December 9.3407 8.9801 9.1747