YEARLY HIGH
0.1617 SGD
YEARLY LOW
0.1489 SGD
YEARLY AVERAGE
0.1567 SGD

2021 SEK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1617. Conversely, the yearly low was recorded on December 25, dropping to 0.1489.

This high-to-low spread represents a total annual volatility of 0.0128 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1598 to the December average rate of 0.1499, the exchange rate registered a net change of -6.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1617 was down 0.05% compared to the 2020 peak of 0.1618, 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 808 SGD
2020 Average 751 SGD
Yearly Trough Low 744 SGD
Transaction Impact: A difference of 64.01 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1608
0.1489
JanuMarcMayJulySeptNove

SEK to SGD 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 0.1585, compared to 0.1548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1585
H2 Avg (Jul–Dec) 0.1548

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0086 SGD (High: 0.1583 / Low: 0.1497). On the other end, July was the most stable month, with a tight range of 0.0019 SGD (High: 0.1582 / Low: 0.1562).

November Spread (Volatile) ±0.0086
July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1598) against the same month in 2020 (average: 0.1422), the exchange rate shifted by +0.0176 (+12.39%).

2021 Avg (January) 0.1598
2020 Avg (January) 0.1422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1617 0.1582 0.1598
February 0.1601 0.1579 0.1592
March 0.1586 0.1540 0.1572
April 0.1589 0.1541 0.1571
May 0.1606 0.1571 0.1592
June 0.1604 0.1562 0.1587
July 0.1582 0.1562 0.1571
August 0.1575 0.1547 0.1561
September 0.1570 0.1547 0.1560
October 0.1579 0.1543 0.1560
November 0.1583 0.1497 0.1536
December 0.1513 0.1489 0.1499