2024 CVE to SEK Historical Review

YEARLY HIGH

0.1072 SEK

YEARLY LOW

0.1009 SEK

YEARLY AVERAGE

0.1037 SEK

2024 CVE to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1072. Conversely, the yearly low was recorded on January 1, dropping to 0.1009.

This high-to-low spread represents a total annual volatility of 0.0062 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1023 to the December average rate of 0.1045, the exchange rate registered a net change of 2.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1072 was down 1.64% compared to the 2023 peak of 0.1090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 536 SEK

2023 Average 520 SEK

Yearly Trough Low 505 SEK

Transaction Impact: A difference of 31.22 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1057

0.1017

JanuMarcMayJulySeptNove

CVE 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 0.1033, compared to 0.1040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1033

H2 Avg (Jul–Dec) 0.1040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0050 SEK (High: 0.1066 / Low: 0.1017). On the other end, September was the most stable month, with a tight range of 0.0023 SEK (High: 0.1039 / Low: 0.1016).

July Spread (Volatile) ±0.0050

September Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1053) against the same month in 2023 (average: 0.1028), the exchange rate shifted by +0.0026 (+2.52%).

2024 Avg (April) 0.1053

2023 Avg (April) 0.1028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1034	0.1009	0.1023
February	0.1036	0.1010	0.1020
March	0.1046	0.1010	0.1027
April	0.1072	0.1038	0.1053
May	0.1063	0.1032	0.1052
June	0.1037	0.1013	0.1025
July	0.1066	0.1017	0.1046
August	0.1049	0.1025	0.1036
September	0.1039	0.1016	0.1029
October	0.1048	0.1024	0.1034
November	0.1071	0.1036	0.1049
December	0.1060	0.1036	0.1045