2024 SEK to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SEK to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SEK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 95.7406. Conversely, the yearly low was recorded on January 18, dropping to 78.1273.
This high-to-low spread represents a total annual volatility of 17.6133 ARS. From a start-to-finish perspective, comparing the January average rate of 79.0358 to the December average rate of 92.7592, the exchange rate registered a net change of 17.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 95.7406 was up 17.88% compared to the 2023 peak of 81.2155, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SEK to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 81.5205, compared to 91.5365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.0160 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 6.6295 ARS (High: 93.4419 / Low: 86.8124). On the other end, October was the most stable month, with a tight range of 1.9412 ARS (High: 94.5209 / Low: 92.5798).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.6868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 93.9512) against the same month in 2023 (average: 31.5451), the exchange rate shifted by +62.4062 (+197.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 80.4866 | 78.1273 | 79.0358 |
| February | 81.7703 | 78.1571 | 79.9370 |
| March | 83.1243 | 80.1216 | 81.5854 |
| April | 81.9439 | 79.2445 | 80.1951 |
| May | 84.9059 | 79.9155 | 82.3920 |
| June | 86.8248 | 84.8592 | 85.9775 |
| July | 88.4874 | 85.8227 | 86.7158 |
| August | 93.4419 | 86.8124 | 90.5214 |
| September | 95.7406 | 92.1727 | 93.9512 |
| October | 94.5209 | 92.5798 | 93.4789 |
| November | 93.2982 | 90.6914 | 91.7922 |
| December | 93.8284 | 91.8120 | 92.7592 |