YEARLY HIGH
0.1274 SEK
YEARLY LOW
0.0965 SEK
YEARLY AVERAGE
0.1142 SEK

2024 RUB to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.1274. Conversely, the yearly low was recorded on November 27, dropping to 0.0965.

This high-to-low spread represents a total annual volatility of 0.0309 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1158 to the December average rate of 0.1060, the exchange rate registered a net change of -8.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1274 was down 18.93% compared to the 2023 peak of 0.1571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 637 SEK
2023 Average 627 SEK
Yearly Trough Low 483 SEK
Transaction Impact: A difference of 154.30 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1234
0.1044
JanuMarcMayJulySeptNove

RUB 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 0.1161, compared to 0.1123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1161
H2 Avg (Jul–Dec) 0.1123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0163 SEK (High: 0.1128 / Low: 0.0965). On the other end, May was the most stable month, with a tight range of 0.0034 SEK (High: 0.1195 / Low: 0.1161).

November Spread (Volatile) ±0.0163
May Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and July, 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 August and September, when the average rate fell by 0.0049 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1218) against the same month in 2023 (average: 0.1162), the exchange rate shifted by +0.0056 (+4.79%).

2024 Avg (July) 0.1218
2023 Avg (July) 0.1162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1189 0.1118 0.1158
February 0.1171 0.1090 0.1137
March 0.1157 0.1116 0.1135
April 0.1185 0.1135 0.1164
May 0.1195 0.1161 0.1180
June 0.1251 0.1163 0.1193
July 0.1274 0.1176 0.1218
August 0.1255 0.1110 0.1169
September 0.1174 0.1070 0.1120
October 0.1105 0.1068 0.1088
November 0.1128 0.0965 0.1080
December 0.1114 0.0973 0.1060