YEARLY HIGH
0.9455 HKD
YEARLY LOW
0.7424 HKD
YEARLY AVERAGE
0.8450 HKD

2020 SEK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.9455. Conversely, the yearly low was recorded on March 22, dropping to 0.7424.

This high-to-low spread represents a total annual volatility of 0.2032 HKD. From a start-to-finish perspective, comparing the January average rate of 0.8181 to the December average rate of 0.9280, the exchange rate registered a net change of 13.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9455 was up 6.94% compared to the 2019 peak of 0.8842, 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 4,728 HKD
2019 Average 4,145 HKD
Yearly Trough Low 3,712 HKD
Transaction Impact: A difference of 1,015.85 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9434
0.7581
JanuMarcMayJulySeptNove

SEK to HKD 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 0.8025, compared to 0.8876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0851 points.

H1 Avg (Jan–Jun) 0.8025
H2 Avg (Jul–Dec) 0.8876

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0857 HKD (High: 0.8280 / Low: 0.7424). On the other end, February was the most stable month, with a tight range of 0.0184 HKD (High: 0.8112 / Low: 0.7928).

March Spread (Volatile) ±0.0857
February Spread (Stable) ±0.0184

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 0.0168 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9280) against the same month in 2019 (average: 0.8279), the exchange rate shifted by +0.1001 (+12.09%).

2020 Avg (December) 0.9280
2019 Avg (December) 0.8279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8337 0.8053 0.8181
February 0.8112 0.7928 0.8031
March 0.8280 0.7424 0.7904
April 0.7937 0.7606 0.7736
May 0.8223 0.7819 0.7976
June 0.8478 0.8179 0.8321
July 0.8924 0.8312 0.8573
August 0.8990 0.8798 0.8891
September 0.8931 0.8484 0.8762
October 0.8869 0.8658 0.8775
November 0.9124 0.8698 0.8976
December 0.9455 0.9125 0.9280