YEARLY HIGH
4.8720 SEK
YEARLY LOW
4.5419 SEK
YEARLY AVERAGE
4.7003 SEK

2024 FJD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 4.8720. Conversely, the yearly low was recorded on February 26, dropping to 4.5419.

This high-to-low spread represents a total annual volatility of 0.3301 SEK. From a start-to-finish perspective, comparing the January average rate of 4.6326 to the December average rate of 4.7655, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.8720 was down 1.29% compared to the 2023 peak of 4.9354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,360 SEK
2023 Average 23,795 SEK
Yearly Trough Low 22,709 SEK
Transaction Impact: A difference of 1,650.55 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.8210
4.6123
JanuMarcMayJulySeptNove

FJD 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 4.6862, compared to 4.7145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 4.6862
H2 Avg (Jul–Dec) 4.7145

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2124 SEK (High: 4.8720 / Low: 4.6596). On the other end, September was the most stable month, with a tight range of 0.1159 SEK (High: 4.6758 / Low: 4.5599).

November Spread (Volatile) ±0.2124
September Spread (Stable) ±0.1159

Growth Streaks & Declines

Trends

Between September and November, 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 0.0893 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 4.8036) against the same month in 2023 (average: 4.7257), the exchange rate shifted by +0.0779 (+1.65%).

2024 Avg (November) 4.8036
2023 Avg (November) 4.7257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.6876 4.5609 4.6326
February 4.7045 4.5419 4.6399
March 4.7416 4.5728 4.6306
April 4.8293 4.7067 4.7747
May 4.8416 4.6615 4.7643
June 4.7491 4.6083 4.6749
July 4.8004 4.6428 4.7386
August 4.7459 4.6043 4.6594
September 4.6758 4.5599 4.6297
October 4.7322 4.6150 4.6901
November 4.8720 4.6596 4.8036
December 4.8466 4.7154 4.7655