YEARLY HIGH
2.0390 NAD
YEARLY LOW
1.4905 NAD
YEARLY AVERAGE
1.7924 NAD

2020 SEK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 2.0390. Conversely, the yearly low was recorded on January 4, dropping to 1.4905.

This high-to-low spread represents a total annual volatility of 0.5485 NAD. From a start-to-finish perspective, comparing the January average rate of 1.5108 to the December average rate of 1.7805, the exchange rate registered a net change of 17.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0390 was down 46.71% compared to the 2019 peak of 3.8266, 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 10,195 NAD
2019 Average 7,670 NAD
Yearly Trough Low 7,453 NAD
Transaction Impact: A difference of 2,742.46 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0374
1.4629
JanuMarcMayJulySeptNove

SEK to NAD 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 1.7178, compared to 1.8671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1493 points.

H1 Avg (Jan–Jun) 1.7178
H2 Avg (Jul–Dec) 1.8671

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.2129 NAD (High: 2.0390 / Low: 1.8261). On the other end, January was the most stable month, with a tight range of 0.0440 NAD (High: 1.5345 / Low: 1.4905).

October Spread (Volatile) ±0.2129
January Spread (Stable) ±0.0440

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0903 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 1.8817) against the same month in 2019 (average: 1.5265), the exchange rate shifted by +0.3552 (+23.27%).

2020 Avg (October) 1.8817
2019 Avg (October) 1.5265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5345 1.4905 1.5108
February 1.6026 1.5277 1.5466
March 1.7965 1.5990 1.6903
April 1.8983 1.7769 1.8517
May 1.9008 1.8124 1.8697
June 1.8644 1.7827 1.8376
July 1.9157 1.8214 1.8517
August 2.0203 1.8864 1.9895
September 1.9993 1.8498 1.8992
October 2.0390 1.8261 1.8817
November 1.8446 1.7773 1.7998
December 1.8095 1.7553 1.7805