YEARLY HIGH
1.1364 NOK
YEARLY LOW
0.9351 NOK
YEARLY AVERAGE
1.0234 NOK

2020 SEK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.1364. Conversely, the yearly low was recorded on January 6, dropping to 0.9351.

This high-to-low spread represents a total annual volatility of 0.2013 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9411 to the December average rate of 1.0417, the exchange rate registered a net change of 10.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1364 was up 16.53% compared to the 2019 peak of 0.9752, 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 5,682 NOK
2019 Average 4,653 NOK
Yearly Trough Low 4,675 NOK
Transaction Impact: A difference of 1,006.66 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0633
0.9300
JanuMarcMayJulySeptNove

SEK to NOK 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 1.0078, compared to 1.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0312 points.

H1 Avg (Jan–Jun) 1.0078
H2 Avg (Jul–Dec) 1.0390

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1627 NOK (High: 1.1364 / Low: 0.9737). On the other end, December was the most stable month, with a tight range of 0.0173 NOK (High: 1.0522 / Low: 1.0349).

March Spread (Volatile) ±0.1627
December Spread (Stable) ±0.0173

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0133 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.0438) against the same month in 2019 (average: 0.9259), the exchange rate shifted by +0.1178 (+12.73%).

2020 Avg (March) 1.0438
2019 Avg (March) 0.9259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9558 0.9351 0.9411
February 0.9778 0.9479 0.9595
March 1.1364 0.9737 1.0438
April 1.0663 1.0157 1.0399
May 1.0527 1.0270 1.0378
June 1.0416 1.0055 1.0244
July 1.0429 1.0158 1.0282
August 1.0442 1.0092 1.0264
September 1.0548 1.0084 1.0343
October 1.0755 1.0348 1.0522
November 1.0741 1.0363 1.0510
December 1.0522 1.0349 1.0417