2024 SEK to CNY Historical Review

YEARLY HIGH

0.7036 CNY

YEARLY LOW

0.6498 CNY

YEARLY AVERAGE

0.6790 CNY

2024 SEK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.7036. Conversely, the yearly low was recorded on April 21, dropping to 0.6498.

This high-to-low spread represents a total annual volatility of 0.0537 CNY. From a start-to-finish perspective, comparing the January average rate of 0.6873 to the December average rate of 0.6623, the exchange rate registered a net change of -3.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7036 was down 2.06% compared to the 2023 peak of 0.7183, 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 3,518 CNY

2023 Average 3,334 CNY

Yearly Trough Low 3,249 CNY

Transaction Impact: A difference of 268.72 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6951

0.6589

JanuMarcMayJulySeptNove

SEK to CNY 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 0.6809, compared to 0.6772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.6809

H2 Avg (Jul–Dec) 0.6772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0355 CNY (High: 0.6854 / Low: 0.6498). On the other end, September was the most stable month, with a tight range of 0.0121 CNY (High: 0.6973 / Low: 0.6853).

April Spread (Volatile) ±0.0355

September Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between July and September, 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 0.0223 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.6904) against the same month in 2023 (average: 0.6559), the exchange rate shifted by +0.0344 (+5.25%).

2024 Avg (March) 0.6904

2023 Avg (March) 0.6559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7026	0.6763	0.6873
February	0.7001	0.6712	0.6859
March	0.7036	0.6754	0.6904
April	0.6854	0.6498	0.6680
May	0.6825	0.6529	0.6668
June	0.6970	0.6731	0.6867
July	0.7029	0.6679	0.6826
August	0.7016	0.6749	0.6876
September	0.6973	0.6853	0.6921
October	0.6857	0.6663	0.6768
November	0.6719	0.6535	0.6619
December	0.6692	0.6544	0.6623