YEARLY HIGH
2.0205 ZAR
YEARLY LOW
1.4989 ZAR
YEARLY AVERAGE
1.7908 ZAR

2020 SEK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 2.0205. Conversely, the yearly low was recorded on January 1, dropping to 1.4989.

This high-to-low spread represents a total annual volatility of 0.5216 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5160 to the December average rate of 1.7798, the exchange rate registered a net change of 17.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0205 was up 24.46% compared to the 2019 peak of 1.6233, 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 10,102 ZAR
2019 Average 7,641 ZAR
Yearly Trough Low 7,494 ZAR
Transaction Impact: A difference of 2,607.80 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0214
1.4700
JanuMarcMayJulySeptNove

SEK to ZAR 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 1.7220, compared to 1.8595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1375 points.

H1 Avg (Jan–Jun) 1.7220
H2 Avg (Jul–Dec) 1.8595

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1923 ZAR (High: 1.8038 / Low: 1.6115). On the other end, December was the most stable month, with a tight range of 0.0460 ZAR (High: 1.8058 / Low: 1.7598).

March Spread (Volatile) ±0.1923
December Spread (Stable) ±0.0460

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0853 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 1.9755) against the same month in 2019 (average: 1.5742), the exchange rate shifted by +0.4013 (+25.49%).

2020 Avg (August) 1.9755
2019 Avg (August) 1.5742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5581 1.4989 1.5160
February 1.6306 1.5330 1.5550
March 1.8038 1.6115 1.6971
April 1.8991 1.8078 1.8585
May 1.9115 1.8084 1.8677
June 1.8604 1.7965 1.8380
July 1.9444 1.8224 1.8541
August 2.0205 1.9185 1.9755
September 1.9290 1.8427 1.8902
October 1.8833 1.8361 1.8607
November 1.8262 1.7778 1.7968
December 1.8058 1.7598 1.7798