2024 SEK to HKD Historical Review

YEARLY HIGH

0.7752 HKD

YEARLY LOW

0.6971 HKD

YEARLY AVERAGE

0.7383 HKD

2024 SEK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7752. Conversely, the yearly low was recorded on December 25, dropping to 0.6971.

This high-to-low spread represents a total annual volatility of 0.0781 HKD. From a start-to-finish perspective, comparing the January average rate of 0.7556 to the December average rate of 0.7071, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7752 was down 1.31% compared to the 2023 peak of 0.7855, 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 3,876 HKD

2023 Average 3,692 HKD

Yearly Trough Low 3,486 HKD

Transaction Impact: A difference of 390.66 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7677

0.7015

JanuMarcMayJulySeptNove

SEK to HKD 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 0.7416, compared to 0.7351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.7416

H2 Avg (Jul–Dec) 0.7351

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0403 HKD (High: 0.7684 / Low: 0.7281). On the other end, June was the most stable month, with a tight range of 0.0172 HKD (High: 0.7518 / Low: 0.7346).

August Spread (Volatile) ±0.0403

June Spread (Stable) ±0.0172

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 0.0270 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7556) against the same month in 2023 (average: 0.7527), the exchange rate shifted by +0.0029 (+0.38%).

2024 Avg (January) 0.7556

2023 Avg (January) 0.7527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7752	0.7460	0.7556
February	0.7611	0.7375	0.7495
March	0.7658	0.7314	0.7505
April	0.7421	0.7100	0.7237
May	0.7425	0.7163	0.7268
June	0.7518	0.7346	0.7432
July	0.7558	0.7206	0.7346
August	0.7684	0.7281	0.7503
September	0.7719	0.7504	0.7622
October	0.7562	0.7277	0.7417
November	0.7338	0.7030	0.7147
December	0.7171	0.6971	0.7071