YEARLY HIGH
2.3784 SEK
YEARLY LOW
2.0256 SEK
YEARLY AVERAGE
2.1912 SEK

2020 MYR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 2.3784. Conversely, the yearly low was recorded on December 29, dropping to 2.0256.

This high-to-low spread represents a total annual volatility of 0.3529 SEK. From a start-to-finish perspective, comparing the January average rate of 2.3302 to the December average rate of 2.0596, the exchange rate registered a net change of -11.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3784 was up 0.33% compared to the 2019 peak of 2.3705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 47,568 SEK
2019 Average 45,657 SEK
Yearly Trough Low 40,511 SEK
Transaction Impact: A difference of 7,057.30 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3573
2.0326
JanuMarcMayJulySeptNove

MYR 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 2.2787, compared to 2.1038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1748 points.

H1 Avg (Jan–Jun) 2.2787
H2 Avg (Jul–Dec) 2.1038

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.1364 SEK (High: 2.3067 / Low: 2.1703). On the other end, August was the most stable month, with a tight range of 0.0440 SEK (High: 2.1075 / Low: 2.0635).

May Spread (Volatile) ±0.1364
August Spread (Stable) ±0.0440

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0629 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.2890) against the same month in 2019 (average: 2.2775), the exchange rate shifted by +0.0114 (+0.50%).

2020 Avg (March) 2.2890
2019 Avg (March) 2.2775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3676 2.2849 2.3302
February 2.3543 2.2806 2.3282
March 2.3784 2.2447 2.2890
April 2.3389 2.2657 2.3039
May 2.3067 2.1703 2.2410
June 2.2201 2.1421 2.1796
July 2.1753 2.0484 2.1209
August 2.1075 2.0635 2.0813
September 2.1898 2.0924 2.1322
October 2.1554 2.0989 2.1277
November 2.1460 2.0790 2.1014
December 2.0904 2.0256 2.0596