YEARLY HIGH
1.8846 ZAR
YEARLY LOW
1.6216 ZAR
YEARLY AVERAGE
1.7233 ZAR

2021 SEK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.8846. Conversely, the yearly low was recorded on June 6, dropping to 1.6216.

This high-to-low spread represents a total annual volatility of 0.2630 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.8214 to the December average rate of 1.7460, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8846 was down 6.73% compared to the 2020 peak of 2.0205, 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 9,423 ZAR
2020 Average 8,957 ZAR
Yearly Trough Low 8,108 ZAR
Transaction Impact: A difference of 1,314.85 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8379
1.6395
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 1.7306, compared to 1.7160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 1.7306
H2 Avg (Jul–Dec) 1.7160

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.1172 ZAR (High: 1.8104 / Low: 1.6931). On the other end, April was the most stable month, with a tight range of 0.0441 ZAR (High: 1.7167 / Low: 1.6726).

March Spread (Volatile) ±0.1172
April Spread (Stable) ±0.0441

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0582 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.8214) against the same month in 2020 (average: 1.5160), the exchange rate shifted by +0.3054 (+20.15%).

2021 Avg (January) 1.8214
2020 Avg (January) 1.5160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8846 1.7731 1.8214
February 1.8098 1.7451 1.7709
March 1.8104 1.6931 1.7550
April 1.7167 1.6726 1.6968
May 1.7134 1.6548 1.6838
June 1.6839 1.6216 1.6560
July 1.7148 1.6397 1.6819
August 1.7398 1.6642 1.7042
September 1.7310 1.6437 1.6871
October 1.7770 1.6775 1.7176
November 1.8113 1.7116 1.7593
December 1.7674 1.7047 1.7460