YEARLY HIGH
2.5198 MXN
YEARLY LOW
2.2586 MXN
YEARLY AVERAGE
2.3646 MXN

2021 SEK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 2.5198. Conversely, the yearly low was recorded on December 25, dropping to 2.2586.

This high-to-low spread represents a total annual volatility of 0.2611 MXN. From a start-to-finish perspective, comparing the January average rate of 2.4060 to the December average rate of 2.2974, the exchange rate registered a net change of -4.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5198 was down 2.98% compared to the 2020 peak of 2.5971, 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 12,599 MXN
2020 Average 11,689 MXN
Yearly Trough Low 11,293 MXN
Transaction Impact: A difference of 1,305.68 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4485
2.2837
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 2.4015, compared to 2.3276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0740 points.

H1 Avg (Jan–Jun) 2.4015
H2 Avg (Jul–Dec) 2.3276

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.1653 MXN (High: 2.5056 / Low: 2.3403). On the other end, May was the most stable month, with a tight range of 0.0366 MXN (High: 2.4105 / Low: 2.3739).

March Spread (Volatile) ±0.1653
May Spread (Stable) ±0.0366

Growth Streaks & Declines

Trends

Between July and November, 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 0.0725 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0725

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.4348) against the same month in 2020 (average: 1.9467), the exchange rate shifted by +0.4881 (+25.07%).

2021 Avg (February) 2.4348
2020 Avg (February) 1.9467

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4632 2.3458 2.4060
February 2.5198 2.3964 2.4348
March 2.5056 2.3403 2.4322
April 2.3946 2.3284 2.3597
May 2.4105 2.3739 2.3926
June 2.4198 2.3251 2.3839
July 2.3319 2.2909 2.3130
August 2.3396 2.2826 2.3137
September 2.3541 2.3022 2.3182
October 2.3947 2.3354 2.3612
November 2.4479 2.3144 2.3620
December 2.3635 2.2586 2.2974