YEARLY HIGH
2.5971 MXN
YEARLY LOW
1.8988 MXN
YEARLY AVERAGE
2.3365 MXN

2020 SEK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.5971. Conversely, the yearly low was recorded on February 19, dropping to 1.8988.

This high-to-low spread represents a total annual volatility of 0.6983 MXN. From a start-to-finish perspective, comparing the January average rate of 1.9789 to the December average rate of 2.3881, the exchange rate registered a net change of 20.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5971 was up 17.29% compared to the 2019 peak of 2.2143, 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 12,985 MXN
2019 Average 10,182 MXN
Yearly Trough Low 9,494 MXN
Transaction Impact: A difference of 3,491.70 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6010
1.8872
JanuMarcMayJulySeptNove

SEK to MXN 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 2.2367, compared to 2.4362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1996 points.

H1 Avg (Jan–Jun) 2.2367
H2 Avg (Jul–Dec) 2.4362

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4242 MXN (High: 2.4587 / Low: 2.0345). On the other end, October was the most stable month, with a tight range of 0.0637 MXN (High: 2.4485 / Low: 2.3848).

March Spread (Volatile) ±0.4242
October Spread (Stable) ±0.0637

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0967 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 2.5415) against the same month in 2019 (average: 2.0418), the exchange rate shifted by +0.4997 (+24.47%).

2020 Avg (August) 2.5415
2019 Avg (August) 2.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0236 1.9440 1.9789
February 2.0410 1.8988 1.9467
March 2.4587 2.0345 2.2677
April 2.4904 2.3470 2.4165
May 2.5054 2.3104 2.4119
June 2.4720 2.3308 2.3982
July 2.5390 2.4012 2.4770
August 2.5971 2.4945 2.5415
September 2.5057 2.3815 2.4448
October 2.4485 2.3848 2.4050
November 2.3998 2.3301 2.3610
December 2.4302 2.3378 2.3881