2024 AWG to SEK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AWG to SEK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AWG to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 6.1895. Conversely, the yearly low was recorded on September 29, dropping to 5.5956.
This high-to-low spread represents a total annual volatility of 0.5939 SEK. From a start-to-finish perspective, comparing the January average rate of 5.7438 to the December average rate of 6.1075, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 6.1895 was down 0.63% compared to the 2023 peak of 6.2290, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AWG to SEK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.8562, compared to 5.8874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0312 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.3177 SEK (High: 5.9585 / Low: 5.6409). On the other end, June was the most stable month, with a tight range of 0.1325 SEK (High: 5.9025 / Low: 5.7700).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1325 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 6.1075) against the same month in 2023 (average: 5.6872), the exchange rate shifted by +0.4203 (+7.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.8242 | 5.5970 | 5.7438 |
| February | 5.8921 | 5.7035 | 5.7944 |
| March | 5.9369 | 5.6654 | 5.7877 |
| April | 6.1173 | 5.8574 | 6.0094 |
| May | 6.0624 | 5.8501 | 5.9672 |
| June | 5.9025 | 5.7700 | 5.8347 |
| July | 6.0170 | 5.7367 | 5.9043 |
| August | 5.9585 | 5.6409 | 5.7724 |
| September | 5.7647 | 5.5956 | 5.6756 |
| October | 5.9251 | 5.6949 | 5.8178 |
| November | 6.1418 | 5.8811 | 6.0466 |
| December | 6.1895 | 6.0206 | 6.1075 |