2020 SEK to NGN Historical Review

YEARLY HIGH

47.6785 NGN

YEARLY LOW

35.1609 NGN

YEARLY AVERAGE

41.4463 NGN

2020 SEK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 47.6785. Conversely, the yearly low was recorded on March 19, dropping to 35.1609.

This high-to-low spread represents a total annual volatility of 12.5177 NGN. From a start-to-finish perspective, comparing the January average rate of 38.1245 to the December average rate of 45.9551, the exchange rate registered a net change of 20.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 47.6785 was up 15.67% compared to the 2019 peak of 41.2178, 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 238,393 NGN

2019 Average 190,502 NGN

Yearly Trough Low 175,804 NGN

Transaction Impact: A difference of 62,588.42 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

46.7905

36.7653

JanuMarcMayJulySeptNove

SEK to NGN 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 38.9142, compared to 43.9784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0642 points.

H1 Avg (Jan–Jun) 38.9142

H2 Avg (Jul–Dec) 43.9784

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.3498 NGN (High: 39.5107 / Low: 35.1609). On the other end, February was the most stable month, with a tight range of 0.9033 NGN (High: 38.0357 / Low: 37.1323).

March Spread (Volatile) ±4.3498

February Spread (Stable) ±0.9033

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8138 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.8138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 45.9551) against the same month in 2019 (average: 38.4658), the exchange rate shifted by +7.4893 (+19.47%).

2020 Avg (December) 45.9551

2019 Avg (December) 38.4658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.1711	37.5434	38.1245
February	38.0357	37.1323	37.6008
March	39.5107	35.1609	37.7273
April	39.9324	36.0199	38.4116
May	41.0380	39.1840	40.0282
June	42.4373	40.8908	41.5926
July	44.6735	41.5971	42.8717
August	44.9451	43.2341	44.1903
September	44.5242	41.6547	43.3765
October	43.6957	42.7173	43.2503
November	44.8364	42.6885	44.2263
December	47.6785	44.8783	45.9551