2024 PEN to SEK Historical Review

YEARLY HIGH

2.9967 SEK

YEARLY LOW

2.6714 SEK

YEARLY AVERAGE

2.8181 SEK

2024 PEN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 2.9967. Conversely, the yearly low was recorded on September 24, dropping to 2.6714.

This high-to-low spread represents a total annual volatility of 0.3253 SEK. From a start-to-finish perspective, comparing the January average rate of 2.7729 to the December average rate of 2.9464, the exchange rate registered a net change of 6.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9967 was down 0.77% compared to the 2023 peak of 3.0198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,983 SEK

2023 Average 14,195 SEK

Yearly Trough Low 13,357 SEK

Transaction Impact: A difference of 1,626.47 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9699

2.6885

JanuMarcMayJulySeptNove

PEN 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 2.8128, compared to 2.8233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 2.8128

H2 Avg (Jul–Dec) 2.8233

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1706 SEK (High: 2.9003 / Low: 2.7297). On the other end, September was the most stable month, with a tight range of 0.0651 SEK (High: 2.7365 / Low: 2.6714).

July Spread (Volatile) ±0.1706

September Spread (Stable) ±0.0651

Growth Streaks & Declines

Trends

Between 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 0.1027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.9464) against the same month in 2023 (average: 2.7415), the exchange rate shifted by +0.2049 (+7.47%).

2024 Avg (December) 2.9464

2023 Avg (December) 2.7415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8191	2.7206	2.7729
February	2.7788	2.6902	2.7257
March	2.8774	2.7372	2.8069
April	2.9524	2.8624	2.9125
May	2.9463	2.8069	2.8808
June	2.8197	2.7439	2.7781
July	2.9003	2.7297	2.8255
August	2.8714	2.7116	2.7831
September	2.7365	2.6714	2.7119
October	2.8301	2.7615	2.7931
November	2.9163	2.8085	2.8796
December	2.9967	2.9012	2.9464