YEARLY HIGH
0.5753 HKD
YEARLY LOW
0.4814 HKD
YEARLY AVERAGE
0.5269 HKD

2021 SZL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.5753. Conversely, the yearly low was recorded on December 15, dropping to 0.4814.

This high-to-low spread represents a total annual volatility of 0.0939 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5137 to the December average rate of 0.4913, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5753 was up 3.61% compared to the 2020 peak of 0.5553, 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 2,877 HKD
2020 Average 2,371 HKD
Yearly Trough Low 2,407 HKD
Transaction Impact: A difference of 469.68 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5672
0.4844
JanuMarcMayJulySeptNove

SZL to HKD 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 0.5345, compared to 0.5192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.5345
H2 Avg (Jul–Dec) 0.5192

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0388 HKD (High: 0.5519 / Low: 0.5131). On the other end, April was the most stable month, with a tight range of 0.0177 HKD (High: 0.5458 / Low: 0.5281).

September Spread (Volatile) ±0.0388
April Spread (Stable) ±0.0177

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 June and July, when the average rate fell by 0.0238 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.5603) against the same month in 2020 (average: 0.4526), the exchange rate shifted by +0.1076 (+23.78%).

2021 Avg (June) 0.5603
2020 Avg (June) 0.4526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5316 0.5012 0.5137
February 0.5369 0.5145 0.5249
March 0.5281 0.5003 0.5182
April 0.5458 0.5281 0.5380
May 0.5640 0.5370 0.5521
June 0.5753 0.5431 0.5603
July 0.5477 0.5231 0.5365
August 0.5412 0.5089 0.5258
September 0.5519 0.5131 0.5353
October 0.5372 0.5121 0.5233
November 0.5196 0.4827 0.5029
December 0.5020 0.4814 0.4913