2021 SEK to NGN Historical Review

YEARLY HIGH

49.9451 NGN

YEARLY LOW

43.6761 NGN

YEARLY AVERAGE

47.0102 NGN

2021 SEK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 49.9451. Conversely, the yearly low was recorded on April 3, dropping to 43.6761.

This high-to-low spread represents a total annual volatility of 6.2690 NGN. From a start-to-finish perspective, comparing the January average rate of 46.7284 to the December average rate of 45.2152, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 49.9451 was up 4.75% compared to the 2020 peak of 47.6785, 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 249,725 NGN

2020 Average 207,312 NGN

Yearly Trough Low 218,381 NGN

Transaction Impact: A difference of 31,344.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

49.3033

44.8435

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 47.0409, compared to 46.9795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 47.0409

H2 Avg (Jul–Dec) 46.9795

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 5.0851 NGN (High: 49.9451 / Low: 44.8600). On the other end, December was the most stable month, with a tight range of 0.8835 NGN (High: 45.7331 / Low: 44.8496).

May Spread (Volatile) ±5.0851

December Spread (Stable) ±0.8835

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.3182 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 48.4308) against the same month in 2020 (average: 40.0282), the exchange rate shifted by +8.4025 (+20.99%).

2021 Avg (May) 48.4308

2020 Avg (May) 40.0282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.0751	45.3225	46.7284
February	49.8203	45.1623	46.7559
March	48.0188	43.9800	45.4377
April	48.6865	43.6761	45.9609
May	49.9451	44.8600	48.4308
June	49.9384	47.6240	48.9316
July	48.2007	47.2475	47.6737
August	47.9003	46.6410	47.4137
September	48.1563	46.7664	47.6317
October	48.2498	46.6068	47.4514
November	48.3966	44.7566	46.4912
December	45.7331	44.8496	45.2152