YEARLY HIGH
0.0191 SEK
YEARLY LOW
0.0168 SEK
YEARLY AVERAGE
0.0177 SEK

2024 SDG to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0191. Conversely, the yearly low was recorded on September 24, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0024 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0172 to the December average rate of 0.0183, the exchange rate registered a net change of 6.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0191 was up 0.09% compared to the 2023 peak of 0.0191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96 SEK
2023 Average 89 SEK
Yearly Trough Low 84 SEK
Transaction Impact: A difference of 11.91 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0186
0.0168
JanuMarcMayJulySeptNove

SDG 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 0.0177, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0177
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0016 SEK (High: 0.0191 / Low: 0.0175). On the other end, December was the most stable month, with a tight range of 0.0005 SEK (High: 0.0185 / Low: 0.0180).

May Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0179) against the same month in 2023 (average: 0.0175), the exchange rate shifted by +0.0005 (+2.76%).

2024 Avg (May) 0.0179
2023 Avg (May) 0.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0174 0.0168 0.0172
February 0.0177 0.0171 0.0174
March 0.0180 0.0170 0.0176
April 0.0188 0.0180 0.0185
May 0.0191 0.0175 0.0179
June 0.0181 0.0174 0.0177
July 0.0185 0.0172 0.0179
August 0.0178 0.0169 0.0173
September 0.0173 0.0168 0.0170
October 0.0178 0.0171 0.0174
November 0.0184 0.0176 0.0181
December 0.0185 0.0180 0.0183