2024 SEK to IDR Historical Review

YEARLY HIGH

1572.3568 IDR

YEARLY LOW

1437.7139 IDR

YEARLY AVERAGE

1500.7572 IDR

2024 SEK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 1572.3568. Conversely, the yearly low was recorded on November 25, dropping to 1437.7139.

This high-to-low spread represents a total annual volatility of 134.6429 IDR. From a start-to-finish perspective, comparing the January average rate of 1509.8687 to the December average rate of 1461.2675, the exchange rate registered a net change of -3.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1572.3568 was up 1.54% compared to the 2023 peak of 1548.4669, 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 7,861,784 IDR

2023 Average 7,185,266 IDR

Yearly Trough Low 7,188,570 IDR

Transaction Impact: A difference of 673,214.29 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1567.1685

1444.9059

JanuMarcMayJulySeptNove

SEK to IDR 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 1509.7590, compared to 1491.7554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.0036 points.

H1 Avg (Jan–Jun) 1509.7590

H2 Avg (Jul–Dec) 1491.7554

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 70.0427 IDR (High: 1543.6795 / Low: 1473.6368). On the other end, September was the most stable month, with a tight range of 30.7132 IDR (High: 1517.1070 / Low: 1486.3937).

May Spread (Volatile) ±70.0427

September Spread (Stable) ±30.7132

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 34.8128 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -34.8128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1556.9799) against the same month in 2023 (average: 1388.9394), the exchange rate shifted by +168.0405 (+12.10%).

2024 Avg (June) 1556.9799

2023 Avg (June) 1388.9394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1527.5991	1489.8301	1509.8687
February	1522.0383	1481.1431	1501.0195
March	1528.6619	1484.9446	1507.5213
April	1507.3747	1474.9810	1488.4561
May	1543.6795	1473.6368	1494.7085
June	1572.3568	1541.6190	1556.9799
July	1571.6747	1504.9282	1528.4054
August	1539.3754	1492.5273	1515.9709
September	1517.1070	1486.3937	1499.8868
October	1521.1035	1470.3922	1489.9072
November	1495.1033	1437.7139	1455.0944
December	1481.0811	1448.7040	1461.2675