YEARLY HIGH
0.0028 SEK
YEARLY LOW
0.0021 SEK
YEARLY AVERAGE
0.0024 SEK

2020 MGA to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0028. Conversely, the yearly low was recorded on December 27, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0007 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0022, the exchange rate registered a net change of -15.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0028 was down 27.64% compared to the 2019 peak of 0.0038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 SEK
2019 Average 13 SEK
Yearly Trough Low 11 SEK
Transaction Impact: A difference of 3.35 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0027
0.0021
JanuMarcMayJulySeptNove

MGA to SEK 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 0.0026, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0002 SEK (High: 0.0028 / Low: 0.0025). On the other end, June was the most stable month, with a tight range of 0.0001 SEK (High: 0.0025 / Low: 0.0024).

March Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0026) against the same month in 2019 (average: 0.0026), the exchange rate shifted by +0.0000 (+0.72%).

2020 Avg (March) 0.0026
2019 Avg (March) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0027 0.0025 0.0026
February 0.0027 0.0026 0.0026
March 0.0028 0.0025 0.0026
April 0.0027 0.0026 0.0027
May 0.0026 0.0025 0.0026
June 0.0025 0.0024 0.0024
July 0.0024 0.0023 0.0024
August 0.0023 0.0022 0.0023
September 0.0024 0.0023 0.0023
October 0.0023 0.0022 0.0023
November 0.0023 0.0022 0.0022
December 0.0023 0.0021 0.0022