YEARLY HIGH
2.2749 CZK
YEARLY LOW
2.1198 CZK
YEARLY AVERAGE
2.1964 CZK

2024 SEK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.2749. Conversely, the yearly low was recorded on May 18, dropping to 2.1198.

This high-to-low spread represents a total annual volatility of 0.1551 CZK. From a start-to-finish perspective, comparing the January average rate of 2.1901 to the December average rate of 2.1826, the exchange rate registered a net change of -0.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2749 was up 1.72% compared to the 2023 peak of 2.2364, 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 11,374 CZK
2023 Average 10,461 CZK
Yearly Trough Low 10,599 CZK
Transaction Impact: A difference of 775.29 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2519
2.1254
JanuMarcMayJulySeptNove

SEK to CZK 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 2.1952, compared to 2.1976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 2.1952
H2 Avg (Jul–Dec) 2.1976

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0888 CZK (High: 2.2749 / Low: 2.1860). On the other end, December was the most stable month, with a tight range of 0.0297 CZK (High: 2.1986 / Low: 2.1689).

February Spread (Volatile) ±0.0888
December Spread (Stable) ±0.0297

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0539 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.2414) against the same month in 2023 (average: 2.1202), the exchange rate shifted by +0.1212 (+5.72%).

2024 Avg (February) 2.2414
2023 Avg (February) 2.1202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2207 2.1735 2.1901
February 2.2749 2.1860 2.2414
March 2.2656 2.1898 2.2327
April 2.2183 2.1401 2.1788
May 2.1609 2.1198 2.1359
June 2.2191 2.1607 2.1925
July 2.2426 2.1578 2.1917
August 2.2146 2.1801 2.1974
September 2.2315 2.1867 2.2103
October 2.2347 2.1839 2.2164
November 2.2063 2.1650 2.1874
December 2.1986 2.1689 2.1826