YEARLY HIGH
17.6511 DJF
YEARLY LOW
15.9615 DJF
YEARLY AVERAGE
16.8250 DJF

2024 SEK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 17.6511. Conversely, the yearly low was recorded on December 25, dropping to 15.9615.

This high-to-low spread represents a total annual volatility of 1.6895 DJF. From a start-to-finish perspective, comparing the January average rate of 17.1975 to the December average rate of 16.1771, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6511 was down 1.39% compared to the 2023 peak of 17.9004, 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 88,255 DJF
2023 Average 83,852 DJF
Yearly Trough Low 79,808 DJF
Transaction Impact: A difference of 8,447.73 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.5294
16.0541
JanuMarcMayJulySeptNove

SEK to DJF 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 16.8642, compared to 16.7858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0784 points.

H1 Avg (Jan–Jun) 16.8642
H2 Avg (Jul–Dec) 16.7858

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.9449 DJF (High: 17.5074 / Low: 16.5625). On the other end, December was the most stable month, with a tight range of 0.4188 DJF (High: 16.3803 / Low: 15.9615).

August Spread (Volatile) ±0.9449
December Spread (Stable) ±0.4188

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 October and November, when the average rate fell by 0.6401 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 17.1975) against the same month in 2023 (average: 17.1086), the exchange rate shifted by +0.0889 (+0.52%).

2024 Avg (January) 17.1975
2023 Avg (January) 17.1086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.6511 16.9564 17.1975
February 17.2940 16.7943 17.0519
March 17.4129 16.6206 17.0519
April 16.8494 16.1326 16.4325
May 16.8471 16.2669 16.5322
June 17.1161 16.6951 16.9192
July 17.1935 16.4016 16.7258
August 17.5074 16.5625 17.0902
September 17.6299 17.1076 17.4065
October 17.3076 16.6444 16.9775
November 16.7775 16.0481 16.3375
December 16.3803 15.9615 16.1771