YEARLY HIGH
0.4972 CNY
YEARLY LOW
0.3704 CNY
YEARLY AVERAGE
0.4216 CNY

2020 SZL to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4972. Conversely, the yearly low was recorded on April 23, dropping to 0.3704.

This high-to-low spread represents a total annual volatility of 0.1268 CNY. From a start-to-finish perspective, comparing the January average rate of 0.4824 to the December average rate of 0.4390, the exchange rate registered a net change of -8.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4972 was down 1.91% compared to the 2019 peak of 0.5069, 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 2,486 CNY
2019 Average 2,393 CNY
Yearly Trough Low 1,852 CNY
Transaction Impact: A difference of 633.77 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4925
0.3710
JanuMarcMayJulySeptNove

SZL to CNY 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 0.4264, compared to 0.4168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.4264
H2 Avg (Jul–Dec) 0.4168

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0606 CNY (High: 0.4572 / Low: 0.3967). On the other end, October was the most stable month, with a tight range of 0.0132 CNY (High: 0.4159 / Low: 0.4027).

March Spread (Volatile) ±0.0606
October Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0435 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.4824) against the same month in 2019 (average: 0.4893), the exchange rate shifted by -0.0069 (-1.40%).

2020 Avg (January) 0.4824
2019 Avg (January) 0.4893

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4972 0.4695 0.4824
February 0.4736 0.4572 0.4668
March 0.4572 0.3967 0.4233
April 0.3966 0.3704 0.3812
May 0.4128 0.3777 0.3910
June 0.4263 0.4054 0.4136
July 0.4263 0.4098 0.4183
August 0.4189 0.3929 0.4030
September 0.4188 0.3981 0.4071
October 0.4159 0.4027 0.4084
November 0.4326 0.4106 0.4251
December 0.4487 0.4267 0.4390