YEARLY HIGH
1.8783 MVR
YEARLY LOW
1.4744 MVR
YEARLY AVERAGE
1.6807 MVR

2020 SEK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.8783. Conversely, the yearly low was recorded on March 22, dropping to 1.4744.

This high-to-low spread represents a total annual volatility of 0.4039 MVR. From a start-to-finish perspective, comparing the January average rate of 1.6264 to the December average rate of 1.8451, 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 1.8783 was up 7.70% compared to the 2019 peak of 1.7440, 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 9,391 MVR
2019 Average 8,171 MVR
Yearly Trough Low 7,372 MVR
Transaction Impact: A difference of 2,019.64 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.8757
1.5082
JanuMarcMayJulySeptNove

SEK to MVR 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 1.5972, compared to 1.7642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1670 points.

H1 Avg (Jan–Jun) 1.5972
H2 Avg (Jul–Dec) 1.7642

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1775 MVR (High: 1.6519 / Low: 1.4744). On the other end, August was the most stable month, with a tight range of 0.0383 MVR (High: 1.7876 / Low: 1.7492).

March Spread (Volatile) ±0.1775
August Spread (Stable) ±0.0383

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 0.0336 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.8451) against the same month in 2019 (average: 1.6382), the exchange rate shifted by +0.2069 (+12.63%).

2020 Avg (December) 1.8451
2019 Avg (December) 1.6382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6530 1.6028 1.6264
February 1.6140 1.5681 1.5960
March 1.6519 1.4744 1.5725
April 1.5819 1.5109 1.5388
May 1.6386 1.5634 1.5918
June 1.6956 1.6256 1.6579
July 1.7733 1.6519 1.7037
August 1.7876 1.7492 1.7675
September 1.7757 1.6870 1.7416
October 1.7633 1.7215 1.7441
November 1.8133 1.7289 1.7836
December 1.8783 1.8148 1.8451