YEARLY HIGH
473.3786 MGA
YEARLY LOW
359.2960 MGA
YEARLY AVERAGE
415.3650 MGA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 2,366,893 MGA
2019 Average 1,921,409 MGA
Yearly Trough Low 1,796,480 MGA
Transaction Impact: A difference of 570,412.59 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

465.1399
368.5676
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 388.0013
H2 Avg (Jul–Dec) 442.7288

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±34.3060
June Spread (Stable) ±10.4639

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 January and February, when the average rate fell by 4.7825 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.7825

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 457.0922
2019 Avg (December) 382.4417

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