YEARLY HIGH
3.5445 PHP
YEARLY LOW
3.0968 PHP
YEARLY AVERAGE
3.3382 PHP

2021 SZL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 12, valuing the pair at 3.5445. Conversely, the yearly low was recorded on December 15, dropping to 3.0968.

This high-to-low spread represents a total annual volatility of 0.4477 PHP. From a start-to-finish perspective, comparing the January average rate of 3.1853 to the December average rate of 3.1696, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.5445 was down 2.85% compared to the 2020 peak of 3.6484, 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 17,722 PHP
2020 Average 15,162 PHP
Yearly Trough Low 15,484 PHP
Transaction Impact: A difference of 2,238.44 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.5076
3.1388
JanuMarcMayJulySeptNove

SZL to PHP 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 3.3216, compared to 3.3548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0331 points.

H1 Avg (Jan–Jun) 3.3216
H2 Avg (Jul–Dec) 3.3548

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.2422 PHP (High: 3.5017 / Low: 3.2595). On the other end, April was the most stable month, with a tight range of 0.1162 PHP (High: 3.3998 / Low: 3.2836).

August Spread (Volatile) ±0.2422
April Spread (Stable) ±0.1162

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 0.1609 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 3.4535) against the same month in 2020 (average: 2.8985), the exchange rate shifted by +0.5550 (+19.15%).

2021 Avg (September) 3.4535
2020 Avg (September) 2.8985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.2942 3.1103 3.1853
February 3.3428 3.1871 3.2699
March 3.3048 3.1349 3.2393
April 3.3998 3.2836 3.3543
May 3.4835 3.3205 3.4042
June 3.5303 3.4045 3.4769
July 3.5226 3.3861 3.4545
August 3.5017 3.2595 3.3907
September 3.5445 3.3666 3.4535
October 3.5107 3.3255 3.4107
November 3.3432 3.1198 3.2498
December 3.2336 3.0968 3.1696