YEARLY HIGH
0.6709 SEK
YEARLY LOW
0.4941 SEK
YEARLY AVERAGE
0.5623 SEK

2020 SZL to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6709. Conversely, the yearly low was recorded on August 6, dropping to 0.4941.

This high-to-low spread represents a total annual volatility of 0.1768 SEK. From a start-to-finish perspective, comparing the January average rate of 0.6620 to the December average rate of 0.5607, the exchange rate registered a net change of -15.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6709 was down 2.94% compared to the 2019 peak of 0.6913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,355 SEK
2019 Average 3,274 SEK
Yearly Trough Low 2,471 SEK
Transaction Impact: A difference of 883.78 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6775
0.4914
JanuMarcMayJulySeptNove

SZL 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 0.5865, compared to 0.5380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0485 points.

H1 Avg (Jan–Jun) 0.5865
H2 Avg (Jul–Dec) 0.5380

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0748 SEK (High: 0.6298 / Low: 0.5550). On the other end, October was the most stable month, with a tight range of 0.0123 SEK (High: 0.5428 / Low: 0.5304).

March Spread (Volatile) ±0.0748
October Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0542 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6620) against the same month in 2019 (average: 0.6476), the exchange rate shifted by +0.0143 (+2.21%).

2020 Avg (January) 0.6620
2019 Avg (January) 0.6476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6709 0.6519 0.6620
February 0.6546 0.6284 0.6461
March 0.6298 0.5550 0.5919
April 0.5628 0.5249 0.5402
May 0.5524 0.5260 0.5350
June 0.5580 0.5340 0.5440
July 0.5488 0.5244 0.5396
August 0.5273 0.4941 0.5069
September 0.5425 0.5192 0.5285
October 0.5428 0.5304 0.5365
November 0.5628 0.5414 0.5560
December 0.5691 0.5511 0.5607