YEARLY HIGH
2.3763 SEK
YEARLY LOW
2.0829 SEK
YEARLY AVERAGE
2.2147 SEK

2021 PEN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 2.3763. Conversely, the yearly low was recorded on September 4, dropping to 2.0829.

This high-to-low spread represents a total annual volatility of 0.2934 SEK. From a start-to-finish perspective, comparing the January average rate of 2.2883 to the December average rate of 2.2493, the exchange rate registered a net change of -1.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3763 was down 20.59% compared to the 2020 peak of 2.9924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,882 SEK
2020 Average 13,198 SEK
Yearly Trough Low 10,414 SEK
Transaction Impact: A difference of 1,467.17 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3249
2.0833
JanuMarcMayJulySeptNove

PEN 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 2.2580, compared to 2.1714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0865 points.

H1 Avg (Jan–Jun) 2.2580
H2 Avg (Jul–Dec) 2.1714

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1937 SEK (High: 2.3763 / Low: 2.1827). On the other end, March was the most stable month, with a tight range of 0.0425 SEK (High: 2.3250 / Low: 2.2825).

April Spread (Volatile) ±0.1937
March Spread (Stable) ±0.0425

Growth Streaks & Declines

Trends

Between September and December, 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 0.0899 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0899

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.3047) against the same month in 2020 (average: 2.9468), the exchange rate shifted by -0.6420 (-21.79%).

2021 Avg (April) 2.3047
2020 Avg (April) 2.9468

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3299 2.2497 2.2883
February 2.3223 2.2609 2.2877
March 2.3250 2.2825 2.3037
April 2.3763 2.1827 2.3047
May 2.2974 2.1493 2.2149
June 2.1967 2.1090 2.1486
July 2.2286 2.1559 2.1908
August 2.1911 2.1125 2.1286
September 2.1315 2.0829 2.1034
October 2.2035 2.1128 2.1561
November 2.2725 2.1248 2.2004
December 2.2801 2.2147 2.2493