2020 SEK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SEK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SEK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 473.3786. Conversely, the yearly low was recorded on March 22, dropping to 359.2960.
This high-to-low spread represents a total annual volatility of 114.0825 MGA. From a start-to-finish perspective, comparing the January average rate of 387.3779 to the December average rate of 457.0922, the exchange rate registered a net change of 18.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 473.3786 was up 16.71% compared to the 2019 peak of 405.6118, 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 MGA 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 388.0013, compared to 442.7288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.7275 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 34.3060 MGA (High: 393.6021 / Low: 359.2960). On the other end, June was the most stable month, with a tight range of 10.4639 MGA (High: 416.0513 / Low: 405.5874).
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 4.7825 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 457.0922) against the same month in 2019 (average: 382.4417), the exchange rate shifted by +74.6505 (+19.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 396.9310 | 376.3608 | 387.3779 |
| February | 387.4750 | 376.3608 | 382.5954 |
| March | 393.6021 | 359.2960 | 378.8131 |
| April | 388.9196 | 367.9031 | 376.6153 |
| May | 403.4386 | 380.8786 | 391.8481 |
| June | 416.0513 | 405.5874 | 410.7578 |
| July | 441.1616 | 413.0710 | 425.1376 |
| August | 446.6271 | 432.7981 | 440.2021 |
| September | 441.7471 | 424.2105 | 436.4364 |
| October | 451.9725 | 434.9320 | 443.4759 |
| November | 461.4150 | 441.2945 | 454.0285 |
| December | 473.3786 | 439.3206 | 457.0922 |