YEARLY HIGH
0.1552 CAD
YEARLY LOW
0.1388 CAD
YEARLY AVERAGE
0.1462 CAD

2021 SEK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1552. Conversely, the yearly low was recorded on November 24, dropping to 0.1388.

This high-to-low spread represents a total annual volatility of 0.0165 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1533 to the December average rate of 0.1407, the exchange rate registered a net change of -8.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1552 was down 0.68% compared to the 2020 peak of 0.1563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 776 CAD
2020 Average 730 CAD
Yearly Trough Low 694 CAD
Transaction Impact: A difference of 82.31 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1546
0.1395
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1484, compared to 0.1439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.1484
H2 Avg (Jul–Dec) 0.1439

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0068 CAD (High: 0.1507 / Low: 0.1439). On the other end, June was the most stable month, with a tight range of 0.0022 CAD (High: 0.1466 / Low: 0.1444).

March Spread (Volatile) ±0.0068
June Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1533) against the same month in 2020 (average: 0.1376), the exchange rate shifted by +0.0157 (+11.42%).

2021 Avg (January) 0.1533
2020 Avg (January) 0.1376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1552 0.1514 0.1533
February 0.1531 0.1508 0.1522
March 0.1507 0.1439 0.1472
April 0.1494 0.1439 0.1471
May 0.1461 0.1439 0.1453
June 0.1466 0.1444 0.1455
July 0.1467 0.1439 0.1450
August 0.1463 0.1436 0.1452
September 0.1476 0.1447 0.1466
October 0.1451 0.1420 0.1436
November 0.1453 0.1388 0.1423
December 0.1416 0.1390 0.1407