YEARLY HIGH
25.1848 CVE
YEARLY LOW
9.8642 CVE
YEARLY AVERAGE
10.6007 CVE

2020 SEK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 25.1848. Conversely, the yearly low was recorded on March 22, dropping to 9.8642.

This high-to-low spread represents a total annual volatility of 15.3207 CVE. From a start-to-finish perspective, comparing the January average rate of 10.4877 to the December average rate of 10.8829, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 25.1848 was up 131.44% compared to the 2019 peak of 10.8818, 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 125,924 CVE
2019 Average 52,258 CVE
Yearly Trough Low 49,321 CVE
Transaction Impact: A difference of 76,603.32 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10.9547
10.0923
JanuMarcMayJulySeptNove

SEK to CVE 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 10.4692, compared to 10.7322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2630 points.

H1 Avg (Jan–Jun) 10.4692
H2 Avg (Jul–Dec) 10.7322

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 15.3207 CVE (High: 25.1848 / Low: 9.8642). On the other end, January was the most stable month, with a tight range of 0.1642 CVE (High: 10.5647 / Low: 10.4005).

March Spread (Volatile) ±15.3207
January Spread (Stable) ±0.1642

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.5323 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 10.6965) against the same month in 2019 (average: 10.5297), the exchange rate shifted by +0.1668 (+1.58%).

2020 Avg (March) 10.6965
2019 Avg (March) 10.5297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5647 10.4005 10.4877
February 10.5601 10.3826 10.4771
March 25.1848 9.8642 10.6965
April 10.3636 9.9432 10.1642
May 10.5612 10.1620 10.4269
June 10.7369 10.4074 10.5630
July 11.5046 10.5391 10.7096
August 10.9017 10.5171 10.7106
September 10.6965 10.3657 10.6090
October 10.7523 10.5011 10.6520
November 10.9613 10.6194 10.8290
December 11.0153 10.7726 10.8829