YEARLY HIGH
283.9445 CDF
YEARLY LOW
253.4225 CDF
YEARLY AVERAGE
266.3496 CDF

2024 SEK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 283.9445. Conversely, the yearly low was recorded on April 18, dropping to 253.4225.

This high-to-low spread represents a total annual volatility of 30.5220 CDF. From a start-to-finish perspective, comparing the January average rate of 263.1012 to the December average rate of 259.6034, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 283.9445 was up 2.62% compared to the 2023 peak of 276.6842, 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 1,419,722 CDF
2023 Average 1,100,987 CDF
Yearly Trough Low 1,267,112 CDF
Transaction Impact: A difference of 152,610.11 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

280.7294
255.9239
JanuMarcMayJulySeptNove

SEK to CDF 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 263.4898, compared to 269.2094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7196 points.

H1 Avg (Jan–Jun) 263.4898
H2 Avg (Jul–Dec) 269.2094

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 17.5552 CDF (High: 271.7383 / Low: 254.1830). On the other end, June was the most stable month, with a tight range of 6.8481 CDF (High: 272.0696 / Low: 265.2214).

January Spread (Volatile) ±17.5552
June Spread (Stable) ±6.8481

Growth Streaks & Declines

Trends

Between January and March, 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 9.7964 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.7964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 278.6623) against the same month in 2023 (average: 223.9270), the exchange rate shifted by +54.7353 (+24.44%).

2024 Avg (September) 278.6623
2023 Avg (September) 223.9270

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 271.7383 254.1830 263.1012
February 268.7370 259.3625 264.1401
March 271.4129 259.7254 266.1237
April 264.8954 253.4225 257.9910
May 268.3735 255.7192 260.1094
June 272.0696 265.2214 269.4734
July 274.4441 261.2332 267.4909
August 281.0949 265.8908 274.1341
September 283.9445 273.2199 278.6623
October 278.2150 268.1531 272.5809
November 268.5838 258.4448 262.7845
December 264.0013 254.9515 259.6034