YEARLY HIGH
1.0891 MAD
YEARLY LOW
1.0081 MAD
YEARLY AVERAGE
1.0480 MAD

2021 SEK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0891. Conversely, the yearly low was recorded on December 4, dropping to 1.0081.

This high-to-low spread represents a total annual volatility of 0.0809 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0730 to the December average rate of 1.0177, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0891 was down 1.66% compared to the 2020 peak of 1.1074, 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 5,445 MAD
2020 Average 5,164 MAD
Yearly Trough Low 5,041 MAD
Transaction Impact: A difference of 404.64 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0785
1.0121
JanuMarcMayJulySeptNove

SEK to MAD 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 1.0615, compared to 1.0345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 1.0615
H2 Avg (Jul–Dec) 1.0345

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0567 MAD (High: 1.0656 / Low: 1.0089). On the other end, May was the most stable month, with a tight range of 0.0170 MAD (High: 1.0682 / Low: 1.0512).

November Spread (Volatile) ±0.0567
May Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.0730) against the same month in 2020 (average: 1.0111), the exchange rate shifted by +0.0619 (+6.12%).

2021 Avg (January) 1.0730
2020 Avg (January) 1.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0891 1.0608 1.0730
February 1.0793 1.0596 1.0725
March 1.0656 1.0378 1.0546
April 1.0676 1.0366 1.0534
May 1.0682 1.0512 1.0607
June 1.0693 1.0343 1.0546
July 1.0474 1.0300 1.0366
August 1.0398 1.0204 1.0334
September 1.0438 1.0249 1.0378
October 1.0637 1.0301 1.0453
November 1.0656 1.0089 1.0362
December 1.0256 1.0081 1.0177