YEARLY HIGH
0.1106 NZD
YEARLY LOW
0.0999 NZD
YEARLY AVERAGE
0.1051 NZD

2019 SZL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SZL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.1106. Conversely, the yearly low was recorded on June 9, dropping to 0.0999.

This high-to-low spread represents a total annual volatility of 0.0108 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1062 to the December average rate of 0.1051, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1106 was down 6.72% compared to the 2018 peak of 0.1186, 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 553 NZD
2018 Average 548 NZD
Yearly Trough Low 499 NZD
Transaction Impact: A difference of 53.93 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1071
0.1014
JanuMarcMayJulySeptNove

SZL to NZD 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 0.1049, compared to 0.1054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1049
H2 Avg (Jul–Dec) 0.1054

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.0077 NZD (High: 0.1106 / Low: 0.1029). On the other end, July was the most stable month, with a tight range of 0.0022 NZD (High: 0.1078 / Low: 0.1056).

February Spread (Volatile) ±0.0077
July Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.1062) against the same month in 2018 (average: 0.1156), the exchange rate shifted by -0.0094 (-8.16%).

2019 Avg (February) 0.1062
2018 Avg (February) 0.1156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1084 0.1036 0.1062
February 0.1106 0.1029 0.1062
March 0.1052 0.1001 0.1019
April 0.1065 0.1036 0.1054
May 0.1078 0.1040 0.1057
June 0.1060 0.0999 0.1038
July 0.1078 0.1056 0.1067
August 0.1074 0.1004 0.1030
September 0.1085 0.1039 0.1063
October 0.1082 0.1040 0.1058
November 0.1066 0.1028 0.1056
December 0.1064 0.1028 0.1051