2020 SEK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SEK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SEK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 236.8577. Conversely, the yearly low was recorded on March 22, dropping to 180.7298.
This high-to-low spread represents a total annual volatility of 56.1279 BIF. From a start-to-finish perspective, comparing the January average rate of 198.3444 to the December average rate of 232.5293, the exchange rate registered a net change of 17.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 236.8577 was up 16.56% compared to the 2019 peak of 203.2052, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SEK to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 195.9456, compared to 221.4188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.4732 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 20.7328 BIF (High: 201.4626 / Low: 180.7298). On the other end, February was the most stable month, with a tight range of 4.4748 BIF (High: 196.8177 / Low: 192.3428).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.3287 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 232.5293) against the same month in 2019 (average: 199.1492), the exchange rate shifted by +33.3802 (+16.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 201.3182 | 195.5643 | 198.3444 |
| February | 196.8177 | 192.3428 | 195.0157 |
| March | 201.4626 | 180.7298 | 192.5253 |
| April | 194.2071 | 185.8778 | 189.2260 |
| May | 201.9612 | 190.5953 | 195.7975 |
| June | 208.2163 | 201.0915 | 204.7647 |
| July | 221.7874 | 204.9972 | 212.8214 |
| August | 223.8736 | 218.2966 | 221.2448 |
| September | 222.3223 | 211.3937 | 218.3564 |
| October | 221.5297 | 216.0384 | 219.0452 |
| November | 228.6158 | 217.0645 | 224.5158 |
| December | 236.8577 | 228.4685 | 232.5293 |