YEARLY HIGH
0.8260 SEK
YEARLY LOW
0.6929 SEK
YEARLY AVERAGE
0.7737 SEK

2024 SCR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.8260. Conversely, the yearly low was recorded on October 14, dropping to 0.6929.

This high-to-low spread represents a total annual volatility of 0.1331 SEK. From a start-to-finish perspective, comparing the January average rate of 0.7733 to the December average rate of 0.7795, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8260 was down 5.73% compared to the 2023 peak of 0.8762, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,130 SEK
2023 Average 3,951 SEK
Yearly Trough Low 3,464 SEK
Transaction Impact: A difference of 665.58 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8002
0.7534
JanuMarcMayJulySeptNove

SCR 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 0.7767, compared to 0.7708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.7767
H2 Avg (Jul–Dec) 0.7708

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1109 SEK (High: 0.8038 / Low: 0.6929). On the other end, February was the most stable month, with a tight range of 0.0499 SEK (High: 0.8028 / Low: 0.7529).

October Spread (Volatile) ±0.1109
February Spread (Stable) ±0.0499

Growth Streaks & Declines

Trends

Between August and November, 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 0.0261 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7795) against the same month in 2023 (average: 0.7628), the exchange rate shifted by +0.0167 (+2.18%).

2024 Avg (December) 0.7795
2023 Avg (December) 0.7628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7996 0.7357 0.7733
February 0.8028 0.7529 0.7755
March 0.7918 0.7188 0.7672
April 0.8110 0.7606 0.7963
May 0.8132 0.7628 0.7871
June 0.7840 0.7162 0.7610
July 0.7948 0.7416 0.7709
August 0.7960 0.7054 0.7573
September 0.7867 0.7296 0.7602
October 0.8038 0.6929 0.7646
November 0.8227 0.7508 0.7921
December 0.8260 0.7213 0.7795