2022 SEK to NGN Historical Review

YEARLY HIGH

46.2697 NGN

YEARLY LOW

38.0986 NGN

YEARLY AVERAGE

41.9935 NGN

2022 SEK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SEK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 46.2697. Conversely, the yearly low was recorded on September 25, dropping to 38.0986.

This high-to-low spread represents a total annual volatility of 8.1711 NGN. From a start-to-finish perspective, comparing the January average rate of 45.2178 to the December average rate of 42.8527, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 46.2697 was down 7.36% compared to the 2021 peak of 49.9451, 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 231,348 NGN

2021 Average 235,048 NGN

Yearly Trough Low 190,493 NGN

Transaction Impact: A difference of 40,855.61 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

45.8260

38.5278

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 43.3606, compared to 40.6265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7341 points.

H1 Avg (Jan–Jun) 43.3606

H2 Avg (Jul–Dec) 40.6265

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 3.4051 NGN (High: 42.5935 / Low: 39.1884). On the other end, December was the most stable month, with a tight range of 1.4218 NGN (High: 43.8025 / Low: 42.3807).

November Spread (Volatile) ±3.4051

December Spread (Stable) ±1.4218

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.6793 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 45.2178) against the same month in 2021 (average: 46.7284), the exchange rate shifted by -1.5106 (-3.23%).

2022 Avg (January) 45.2178

2021 Avg (January) 46.7284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.2697	44.0342	45.2178
February	45.6899	43.4065	44.7103
March	44.9572	41.6042	43.4543
April	44.5319	42.0181	43.5061
May	42.6515	40.9101	41.8268
June	42.8121	40.5426	41.4483
July	41.4953	39.2379	40.4061
August	41.6959	39.3690	40.4905
September	41.0956	38.0986	39.4236
October	40.0841	38.1901	39.1360
November	42.5935	39.1884	41.4499
December	43.8025	42.3807	42.8527