YEARLY HIGH
2.3511 SZL
YEARLY LOW
1.9353 SZL
YEARLY AVERAGE
2.1404 SZL

2021 BOB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 2.3511. Conversely, the yearly low was recorded on June 7, dropping to 1.9353.

This high-to-low spread represents a total annual volatility of 0.4158 SZL. From a start-to-finish perspective, comparing the January average rate of 2.1910 to the December average rate of 2.3008, the exchange rate registered a net change of 5.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3511 was down 15.05% compared to the 2020 peak of 2.7677, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,755 SZL
2020 Average 11,922 SZL
Yearly Trough Low 9,676 SZL
Transaction Impact: A difference of 2,079.05 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3306
1.9735
JanuMarcMayJulySeptNove

BOB 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 2.1055, compared to 2.1753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0698 points.

H1 Avg (Jan–Jun) 2.1055
H2 Avg (Jul–Dec) 2.1753

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1679 SZL (High: 2.3432 / Low: 2.1752). On the other end, April was the most stable month, with a tight range of 0.0760 SZL (High: 2.1306 / Low: 2.0546).

November Spread (Volatile) ±0.1679
April Spread (Stable) ±0.0760

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 0.0778 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.3008) against the same month in 2020 (average: 2.1616), the exchange rate shifted by +0.1392 (+6.44%).

2021 Avg (December) 2.3008
2020 Avg (December) 2.1616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2464 2.1191 2.1910
February 2.1824 2.0871 2.1383
March 2.2480 2.1258 2.1697
April 2.1306 2.0546 2.0918
May 2.0985 1.9928 2.0388
June 2.0714 1.9353 2.0033
July 2.1546 2.0512 2.0987
August 2.2139 2.0811 2.1454
September 2.1976 2.0441 2.1066
October 2.2030 2.0962 2.1539
November 2.3432 2.1752 2.2462
December 2.3511 2.2483 2.3008