YEARLY HIGH
36.2741 HUF
YEARLY LOW
33.0263 HUF
YEARLY AVERAGE
34.5699 HUF

2024 SEK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 36.2741. Conversely, the yearly low was recorded on May 14, dropping to 33.0263.

This high-to-low spread represents a total annual volatility of 3.2478 HUF. From a start-to-finish perspective, comparing the January average rate of 33.8498 to the December average rate of 35.7840, the exchange rate registered a net change of 5.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.2741 was up 0.80% compared to the 2023 peak of 35.9857, 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 181,370 HUF
2023 Average 166,366 HUF
Yearly Trough Low 165,131 HUF
Transaction Impact: A difference of 16,238.90 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.0292
33.0868
JanuMarcMayJulySeptNove

SEK to HUF 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 34.2038, compared to 34.9360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7321 points.

H1 Avg (Jan–Jun) 34.2038
H2 Avg (Jul–Dec) 34.9360

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.7438 HUF (High: 35.0266 / Low: 33.2828). On the other end, October was the most stable month, with a tight range of 0.3738 HUF (High: 35.3677 / Low: 34.9938).

July Spread (Volatile) ±1.7438
October Spread (Stable) ±0.3738

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0159 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 35.7840) against the same month in 2023 (average: 34.1327), the exchange rate shifted by +1.6513 (+4.84%).

2024 Avg (December) 35.7840
2023 Avg (December) 34.1327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.3900 33.4202 33.8498
February 35.1284 33.6623 34.4466
March 35.6727 34.1314 34.8644
April 34.1304 33.2599 33.8485
May 34.1151 33.0263 33.3320
June 35.3508 34.1151 34.8816
July 35.0266 33.2828 34.0134
August 34.7474 34.1922 34.4564
September 35.2330 34.4669 34.7652
October 35.3677 34.9938 35.2101
November 35.8608 34.9365 35.3866
December 36.2741 35.4527 35.7840