2024 SEK to CAD Historical Review

YEARLY HIGH

0.1340 CAD

YEARLY LOW

0.1250 CAD

YEARLY AVERAGE

0.1296 CAD

2024 SEK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.1340. Conversely, the yearly low was recorded on April 29, dropping to 0.1250.

This high-to-low spread represents a total annual volatility of 0.0091 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1297 to the December average rate of 0.1297, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1340 was up 0.63% compared to the 2023 peak of 0.1332, 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 670 CAD

2023 Average 637 CAD

Yearly Trough Low 625 CAD

Transaction Impact: A difference of 45.27 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1332

0.1258

JanuMarcMayJulySeptNove

SEK to CAD 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 0.1288, compared to 0.1304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1288

H2 Avg (Jul–Dec) 0.1304

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0055 CAD (High: 0.1320 / Low: 0.1265). On the other end, October was the most stable month, with a tight range of 0.0025 CAD (High: 0.1327 / Low: 0.1302).

March Spread (Volatile) ±0.0055

October Spread (Stable) ±0.0025

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 March and April, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1325) against the same month in 2023 (average: 0.1222), the exchange rate shifted by +0.0104 (+8.50%).

2024 Avg (September) 0.1325

2023 Avg (September) 0.1222

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1315	0.1284	0.1297
February	0.1314	0.1274	0.1293
March	0.1320	0.1265	0.1299
April	0.1286	0.1250	0.1264
May	0.1296	0.1257	0.1272
June	0.1321	0.1289	0.1304
July	0.1321	0.1277	0.1290
August	0.1335	0.1293	0.1315
September	0.1340	0.1307	0.1325
October	0.1327	0.1302	0.1313
November	0.1318	0.1263	0.1284
December	0.1311	0.1278	0.1297