2016 SEK to CAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SEK to CAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SEK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.1704. Conversely, the yearly low was recorded on December 15, dropping to 0.1421.
This high-to-low spread represents a total annual volatility of 0.0283 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1661 to the December average rate of 0.1449, the exchange rate registered a net change of -12.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 0.1704 was up 2.72% compared to the 2015 peak of 0.1659, 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 2016.
SEK to CAD 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 0.1597, compared to 0.1503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 0.0081 CAD (High: 0.1660 / Low: 0.1579). On the other end, August was the most stable month, with a tight range of 0.0017 CAD (High: 0.1544 / Low: 0.1527).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 0.1661) against the same month in 2015 (average: 0.1490), the exchange rate shifted by +0.0171 (+11.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1704 | 0.1628 | 0.1661 |
| February | 0.1660 | 0.1579 | 0.1628 |
| March | 0.1602 | 0.1561 | 0.1584 |
| April | 0.1614 | 0.1553 | 0.1579 |
| May | 0.1591 | 0.1561 | 0.1574 |
| June | 0.1589 | 0.1529 | 0.1554 |
| July | 0.1531 | 0.1512 | 0.1522 |
| August | 0.1544 | 0.1527 | 0.1534 |
| September | 0.1551 | 0.1510 | 0.1534 |
| October | 0.1540 | 0.1479 | 0.1505 |
| November | 0.1499 | 0.1454 | 0.1474 |
| December | 0.1485 | 0.1421 | 0.1449 |