YEARLY HIGH
21.5828 SZL
YEARLY LOW
19.1197 SZL
YEARLY AVERAGE
20.3157 SZL

2021 FKP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 21.5828. Conversely, the yearly low was recorded on June 7, dropping to 19.1197.

This high-to-low spread represents a total annual volatility of 2.4630 SZL. From a start-to-finish perspective, comparing the January average rate of 20.5951 to the December average rate of 21.1281, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.5828 was down 8.41% compared to the 2020 peak of 23.5634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,914 SZL
2020 Average 105,446 SZL
Yearly Trough Low 95,599 SZL
Transaction Impact: A difference of 12,315.24 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.2993
19.2449
JanuMarcMayJulySeptNove

FKP 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 20.1763, compared to 20.4551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2789 points.

H1 Avg (Jan–Jun) 20.1763
H2 Avg (Jul–Dec) 20.4551

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 1.2546 SZL (High: 21.4645 / Low: 20.2099). On the other end, May was the most stable month, with a tight range of 0.5702 SZL (High: 20.0892 / Low: 19.5190).

March Spread (Volatile) ±1.2546
May Spread (Stable) ±0.5702

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 0.7846 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 21.1281) against the same month in 2020 (average: 20.0383), the exchange rate shifted by +1.0898 (+5.44%).

2021 Avg (December) 21.1281
2020 Avg (December) 20.0383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.0292 19.7909 20.5951
February 20.9450 20.0932 20.4935
March 21.4645 20.2099 20.7672
April 20.4757 19.7052 19.9826
May 20.0892 19.5190 19.8029
June 19.9490 19.1197 19.4161
July 20.6554 19.5103 20.0137
August 20.8947 19.9710 20.4264
September 20.5779 19.4962 19.9790
October 20.8562 19.9606 20.3488
November 21.5133 20.2876 20.8347
December 21.5828 20.8596 21.1281