YEARLY HIGH
7.9294 SEK
YEARLY LOW
6.6348 SEK
YEARLY AVERAGE
7.3335 SEK

2022 SGD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 7.9294. Conversely, the yearly low was recorded on January 13, dropping to 6.6348.

This high-to-low spread represents a total annual volatility of 1.2945 SEK. From a start-to-finish perspective, comparing the January average rate of 6.7759 to the December average rate of 7.6869, the exchange rate registered a net change of 13.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 7.9294 was up 18.06% compared to the 2021 peak of 6.7166, 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 39,647 SEK
2021 Average 31,933 SEK
Yearly Trough Low 33,174 SEK
Transaction Impact: A difference of 6,472.58 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

7.9234
6.6715
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 7.0273, compared to 7.6396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6122 points.

H1 Avg (Jan–Jun) 7.0273
H2 Avg (Jul–Dec) 7.6396

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.4886 SEK (High: 7.3278 / Low: 6.8392). On the other end, May was the most stable month, with a tight range of 0.1855 SEK (High: 7.2734 / Low: 7.0879).

March Spread (Volatile) ±0.4886
May Spread (Stable) ±0.1855

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1244 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 7.8191) against the same month in 2021 (average: 6.4108), the exchange rate shifted by +1.4083 (+21.97%).

2022 Avg (October) 7.8191
2021 Avg (October) 6.4108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9585 6.6348 6.7759
February 7.0222 6.7703 6.9087
March 7.3278 6.8392 7.0501
April 7.1388 6.9055 6.9964
May 7.2734 7.0879 7.1843
June 7.3598 7.0745 7.2487
July 7.5699 7.3369 7.4331
August 7.6684 7.3371 7.5101
September 7.9022 7.4195 7.6935
October 7.9294 7.6251 7.8191
November 7.8708 7.5545 7.6947
December 7.7935 7.5460 7.6869