YEARLY HIGH
0.0867 CHF
YEARLY LOW
0.0801 CHF
YEARLY AVERAGE
0.0833 CHF

2024 SEK to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.0867. Conversely, the yearly low was recorded on November 21, dropping to 0.0801.

This high-to-low spread represents a total annual volatility of 0.0066 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0829 to the December average rate of 0.0811, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0867 was down 4.01% compared to the 2023 peak of 0.0904, 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 434 CHF
2023 Average 424 CHF
Yearly Trough Low 401 CHF
Transaction Impact: A difference of 33.16 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0857
0.0804
JanuMarcMayJulySeptNove

SEK to CHF 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 0.0843, compared to 0.0822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0843
H2 Avg (Jul–Dec) 0.0822

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0054 CHF (High: 0.0867 / Low: 0.0814). On the other end, January was the most stable month, with a tight range of 0.0011 CHF (High: 0.0836 / Low: 0.0824).

July Spread (Volatile) ±0.0054
January Spread (Stable) ±0.0011

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 July and August, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0839) against the same month in 2023 (average: 0.0831), the exchange rate shifted by +0.0008 (+0.99%).

2024 Avg (July) 0.0839
2023 Avg (July) 0.0831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0836 0.0824 0.0829
February 0.0856 0.0820 0.0840
March 0.0859 0.0842 0.0853
April 0.0857 0.0831 0.0841
May 0.0862 0.0832 0.0846
June 0.0861 0.0838 0.0851
July 0.0867 0.0814 0.0839
August 0.0837 0.0808 0.0825
September 0.0837 0.0816 0.0829
October 0.0830 0.0811 0.0822
November 0.0816 0.0801 0.0809
December 0.0821 0.0804 0.0811