YEARLY HIGH
6.3362 GMD
YEARLY LOW
5.7216 GMD
YEARLY AVERAGE
6.0062 GMD

2021 SEK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 6.3362. Conversely, the yearly low was recorded on November 27, dropping to 5.7216.

This high-to-low spread represents a total annual volatility of 0.6146 GMD. From a start-to-finish perspective, comparing the January average rate of 6.2247 to the December average rate of 5.7755, the exchange rate registered a net change of -7.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.3362 was up 0.34% compared to the 2020 peak of 6.3148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,681 GMD
2020 Average 28,060 GMD
Yearly Trough Low 28,608 GMD
Transaction Impact: A difference of 3,072.84 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.2697
5.7305
JanuMarcMayJulySeptNove

SEK to GMD 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 6.1055, compared to 5.9070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1985 points.

H1 Avg (Jan–Jun) 6.1055
H2 Avg (Jul–Dec) 5.9070

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3821 GMD (High: 6.1037 / Low: 5.7216). On the other end, December was the most stable month, with a tight range of 0.1176 GMD (High: 5.8440 / Low: 5.7264).

November Spread (Volatile) ±0.3821
December Spread (Stable) ±0.1176

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 0.1585 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6.2247) against the same month in 2020 (average: 5.3861), the exchange rate shifted by +0.8386 (+15.57%).

2021 Avg (January) 6.2247
2020 Avg (January) 5.3861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.3362 6.1456 6.2247
February 6.2227 6.0737 6.1659
March 6.1114 5.8688 6.0074
April 6.1360 5.8722 6.0169
May 6.1992 6.0347 6.1339
June 6.2050 5.9414 6.0839
July 5.9914 5.8730 5.9299
August 5.9520 5.8000 5.8925
September 6.0423 5.8516 5.9518
October 6.1094 5.8579 5.9840
November 6.1037 5.7216 5.9081
December 5.8440 5.7264 5.7755