YEARLY HIGH
1.8663 NAD
YEARLY LOW
1.5948 NAD
YEARLY AVERAGE
1.7233 NAD

2021 SEK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.8663. Conversely, the yearly low was recorded on June 19, dropping to 1.5948.

This high-to-low spread represents a total annual volatility of 0.2715 NAD. From a start-to-finish perspective, comparing the January average rate of 1.8171 to the December average rate of 1.7489, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8663 was down 8.47% compared to the 2020 peak of 2.0390, 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 9,331 NAD
2020 Average 8,966 NAD
Yearly Trough Low 7,974 NAD
Transaction Impact: A difference of 1,357.33 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8342
1.6292
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 1.7282, compared to 1.7183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 1.7282
H2 Avg (Jul–Dec) 1.7183

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1389 NAD (High: 1.8161 / Low: 1.6772). On the other end, April was the most stable month, with a tight range of 0.0538 NAD (High: 1.7344 / Low: 1.6806).

November Spread (Volatile) ±0.1389
April Spread (Stable) ±0.0538

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0518 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.8171) against the same month in 2020 (average: 1.5108), the exchange rate shifted by +0.3063 (+20.28%).

2021 Avg (January) 1.8171
2020 Avg (January) 1.5108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8663 1.7698 1.8171
February 1.7999 1.7220 1.7666
March 1.8160 1.7023 1.7544
April 1.7344 1.6806 1.7026
May 1.7157 1.6554 1.6825
June 1.6838 1.5948 1.6463
July 1.7348 1.6501 1.6854
August 1.7463 1.6317 1.6932
September 1.7459 1.6585 1.7157
October 1.7764 1.6772 1.7173
November 1.8161 1.6772 1.7492
December 1.7852 1.7059 1.7489