YEARLY HIGH
0.1794 ANG
YEARLY LOW
0.1615 ANG
YEARLY AVERAGE
0.1705 ANG

2024 SEK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1794. Conversely, the yearly low was recorded on December 25, dropping to 0.1615.

This high-to-low spread represents a total annual volatility of 0.0179 ANG. From a start-to-finish perspective, comparing the January average rate of 0.1742 to the December average rate of 0.1639, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1794 was down 1.12% compared to the 2023 peak of 0.1814, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 897 ANG
2023 Average 849 ANG
Yearly Trough Low 808 ANG
Transaction Impact: A difference of 89.44 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1776
0.1626
JanuMarcMayJulySeptNove

SEK to ANG 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 0.1709, compared to 0.1701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1709
H2 Avg (Jul–Dec) 0.1701

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0097 ANG (High: 0.1775 / Low: 0.1678). On the other end, June was the most stable month, with a tight range of 0.0044 ANG (High: 0.1735 / Low: 0.1691).

August Spread (Volatile) ±0.0097
June Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1742) against the same month in 2023 (average: 0.1735), the exchange rate shifted by +0.0007 (+0.41%).

2024 Avg (January) 0.1742
2023 Avg (January) 0.1735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1794 0.1718 0.1742
February 0.1753 0.1701 0.1728
March 0.1763 0.1684 0.1728
April 0.1708 0.1636 0.1665
May 0.1711 0.1650 0.1676
June 0.1735 0.1691 0.1715
July 0.1740 0.1663 0.1695
August 0.1775 0.1678 0.1733
September 0.1788 0.1734 0.1763
October 0.1755 0.1689 0.1722
November 0.1700 0.1628 0.1656
December 0.1662 0.1615 0.1639