YEARLY HIGH
0.0780 GBP
YEARLY LOW
0.0714 GBP
YEARLY AVERAGE
0.0740 GBP

2024 SEK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0780. Conversely, the yearly low was recorded on December 10, dropping to 0.0714.

This high-to-low spread represents a total annual volatility of 0.0066 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0761 to the December average rate of 0.0720, the exchange rate registered a net change of -5.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0780 was down 2.87% compared to the 2023 peak of 0.0803, 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 390 GBP
2023 Average 379 GBP
Yearly Trough Low 357 GBP
Transaction Impact: A difference of 33.09 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0765
0.0716
JanuMarcMayJulySeptNove

SEK to GBP 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 0.0750, compared to 0.0731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0750
H2 Avg (Jul–Dec) 0.0731

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0038 GBP (High: 0.0755 / Low: 0.0717). On the other end, September was the most stable month, with a tight range of 0.0011 GBP (High: 0.0746 / Low: 0.0735).

July Spread (Volatile) ±0.0038
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0761) against the same month in 2023 (average: 0.0786), the exchange rate shifted by -0.0025 (-3.24%).

2024 Avg (January) 0.0761
2023 Avg (January) 0.0786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0780 0.0750 0.0761
February 0.0767 0.0748 0.0759
March 0.0765 0.0740 0.0755
April 0.0748 0.0727 0.0739
May 0.0746 0.0730 0.0736
June 0.0754 0.0742 0.0749
July 0.0755 0.0717 0.0731
August 0.0753 0.0732 0.0743
September 0.0746 0.0735 0.0740
October 0.0739 0.0723 0.0732
November 0.0730 0.0715 0.0721
December 0.0725 0.0714 0.0720