YEARLY HIGH
14.0118 SEK
YEARLY LOW
12.8227 SEK
YEARLY AVERAGE
13.5117 SEK

2024 FKP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 14.0118. Conversely, the yearly low was recorded on January 1, dropping to 12.8227.

This high-to-low spread represents a total annual volatility of 1.1891 SEK. From a start-to-finish perspective, comparing the January average rate of 13.1484 to the December average rate of 13.8910, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.0118 was up 0.24% compared to the 2023 peak of 13.9783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,059 SEK
2023 Average 65,999 SEK
Yearly Trough Low 64,113 SEK
Transaction Impact: A difference of 5,945.71 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.9653
13.0742
JanuMarcMayJulySeptNove

FKP 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 13.3419, compared to 13.6816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3397 points.

H1 Avg (Jan–Jun) 13.3419
H2 Avg (Jul–Dec) 13.6816

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.6925 SEK (High: 13.9376 / Low: 13.2451). On the other end, September was the most stable month, with a tight range of 0.2000 SEK (High: 13.6132 / Low: 13.4132).

July Spread (Volatile) ±0.6925
September Spread (Stable) ±0.2000

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 0.2302 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 13.8910) against the same month in 2023 (average: 12.9734), the exchange rate shifted by +0.9176 (+7.07%).

2024 Avg (December) 13.8910
2023 Avg (December) 12.9734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.3288 12.8227 13.1484
February 13.3606 13.0398 13.1817
March 13.5063 13.0655 13.2487
April 13.7614 13.3638 13.5372
May 13.6907 13.4122 13.5816
June 13.4727 13.2674 13.3537
July 13.9376 13.2451 13.6851
August 13.6604 13.2885 13.4549
September 13.6132 13.4132 13.5134
October 13.8393 13.5247 13.6664
November 13.9861 13.6966 13.8786
December 14.0118 13.7860 13.8910