2024 SEK to DKK Historical Review

YEARLY HIGH

0.6705 DKK

YEARLY LOW

0.6346 DKK

YEARLY AVERAGE

0.6522 DKK

2024 SEK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6705. Conversely, the yearly low was recorded on April 30, dropping to 0.6346.

This high-to-low spread represents a total annual volatility of 0.0359 DKK. From a start-to-finish perspective, comparing the January average rate of 0.6608 to the December average rate of 0.6478, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6705 was down 0.94% compared to the 2023 peak of 0.6769, 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 3,353 DKK

2023 Average 3,248 DKK

Yearly Trough Low 3,173 DKK

Transaction Impact: A difference of 179.47 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6639

0.6400

JanuMarcMayJulySeptNove

SEK to DKK 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 0.6543, compared to 0.6502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.6543

H2 Avg (Jul–Dec) 0.6502

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0301 DKK (High: 0.6654 / Low: 0.6353). On the other end, December was the most stable month, with a tight range of 0.0084 DKK (High: 0.6523 / Low: 0.6439).

July Spread (Volatile) ±0.0301

December Spread (Stable) ±0.0084

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 0.0152 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6608) against the same month in 2023 (average: 0.6639), the exchange rate shifted by -0.0031 (-0.46%).

2024 Avg (January) 0.6608

2023 Avg (January) 0.6639

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6705	0.6537	0.6608
February	0.6683	0.6533	0.6619
March	0.6671	0.6459	0.6582
April	0.6510	0.6346	0.6431
May	0.6528	0.6361	0.6420
June	0.6653	0.6528	0.6597
July	0.6654	0.6353	0.6467
August	0.6584	0.6446	0.6514
September	0.6620	0.6513	0.6570
October	0.6579	0.6433	0.6535
November	0.6494	0.6376	0.6448
December	0.6523	0.6439	0.6478