YEARLY HIGH
6.6965 SEK
YEARLY LOW
5.9850 SEK
YEARLY AVERAGE
6.4436 SEK

2018 SGD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 6.6965. Conversely, the yearly low was recorded on February 4, dropping to 5.9850.

This high-to-low spread represents a total annual volatility of 0.7116 SEK. From a start-to-finish perspective, comparing the January average rate of 6.0873 to the December average rate of 6.5922, the exchange rate registered a net change of 8.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.6965 was up 3.42% compared to the 2017 peak of 6.4748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 33,483 SEK
2017 Average 30,924 SEK
Yearly Trough Low 29,925 SEK
Transaction Impact: A difference of 3,557.91 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.6806
6.0334
JanuMarcMayJulySeptNove

SGD to SEK 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 6.3249, compared to 6.5623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2373 points.

H1 Avg (Jan–Jun) 6.3249
H2 Avg (Jul–Dec) 6.5623

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.2734 SEK (High: 6.2584 / Low: 5.9850). On the other end, November was the most stable month, with a tight range of 0.0809 SEK (High: 6.6399 / Low: 6.5589).

February Spread (Volatile) ±0.2734
November Spread (Stable) ±0.0809

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 0.0932 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0932

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 6.6267) against the same month in 2017 (average: 5.9389), the exchange rate shifted by +0.6877 (+11.58%).

2018 Avg (August) 6.6267
2017 Avg (August) 5.9389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.1629 6.0101 6.0873
February 6.2584 5.9850 6.0969
March 6.3746 6.2019 6.2662
April 6.5972 6.3400 6.4309
May 6.6726 6.4339 6.5364
June 6.6011 6.4474 6.5319
July 6.5675 6.4243 6.4757
August 6.6965 6.4659 6.6267
September 6.6675 6.4276 6.5335
October 6.6229 6.4825 6.5563
November 6.6399 6.5589 6.5891
December 6.6402 6.5451 6.5922