YEARLY HIGH
0.5956 SEK
YEARLY LOW
0.5295 SEK
YEARLY AVERAGE
0.5561 SEK

2021 MVR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5956. Conversely, the yearly low was recorded on January 6, dropping to 0.5295.

This high-to-low spread represents a total annual volatility of 0.0661 SEK. From a start-to-finish perspective, comparing the January average rate of 0.5388 to the December average rate of 0.5891, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5956 was down 12.18% compared to the 2020 peak of 0.6783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,978 SEK
2020 Average 2,984 SEK
Yearly Trough Low 2,647 SEK
Transaction Impact: A difference of 330.67 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5941
0.5338
JanuMarcMayJulySeptNove

MVR 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 0.5449, compared to 0.5673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0224 points.

H1 Avg (Jan–Jun) 0.5449
H2 Avg (Jul–Dec) 0.5673

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0413 SEK (High: 0.5928 / Low: 0.5514). On the other end, December was the most stable month, with a tight range of 0.0113 SEK (High: 0.5956 / Low: 0.5843).

November Spread (Volatile) ±0.0413
December Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0087 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5891) against the same month in 2020 (average: 0.5421), the exchange rate shifted by +0.0470 (+8.68%).

2021 Avg (December) 0.5891
2020 Avg (December) 0.5421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5462 0.5295 0.5388
February 0.5492 0.5369 0.5413
March 0.5652 0.5445 0.5532
April 0.5642 0.5394 0.5502
May 0.5526 0.5362 0.5415
June 0.5573 0.5333 0.5444
July 0.5652 0.5537 0.5597
August 0.5703 0.5568 0.5617
September 0.5696 0.5531 0.5598
October 0.5707 0.5509 0.5609
November 0.5928 0.5514 0.5727
December 0.5956 0.5843 0.5891