YEARLY HIGH
15.5453 JPY
YEARLY LOW
13.5951 JPY
YEARLY AVERAGE
14.3251 JPY

2024 SEK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 15.5453. Conversely, the yearly low was recorded on December 3, dropping to 13.5951.

This high-to-low spread represents a total annual volatility of 1.9502 JPY. From a start-to-finish perspective, comparing the January average rate of 14.1272 to the December average rate of 14.0094, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.5453 was up 8.34% compared to the 2023 peak of 14.3490, 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 77,726 JPY
2023 Average 66,202 JPY
Yearly Trough Low 67,976 JPY
Transaction Impact: A difference of 9,750.95 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.1493
13.8916
JanuMarcMayJulySeptNove

SEK to JPY 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 14.4333, compared to 14.2168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2165 points.

H1 Avg (Jan–Jun) 14.4333
H2 Avg (Jul–Dec) 14.2168

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.5462 JPY (High: 15.5453 / Low: 13.9991). On the other end, January was the most stable month, with a tight range of 0.3561 JPY (High: 14.2610 / Low: 13.9049).

July Spread (Volatile) ±1.5462
January Spread (Stable) ±0.3561

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.7531 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 14.8224) against the same month in 2023 (average: 13.4115), the exchange rate shifted by +1.4109 (+10.52%).

2024 Avg (July) 14.8224
2023 Avg (July) 13.4115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.2610 13.9049 14.1272
February 14.6467 14.0176 14.3385
March 14.5482 14.1522 14.3648
April 14.5184 14.0310 14.2344
May 14.9334 14.1018 14.4907
June 15.2438 14.8069 15.0445
July 15.5453 13.9991 14.8224
August 14.2791 13.7280 14.0693
September 14.3330 13.7079 13.9964
October 14.4162 13.9864 14.3092
November 14.4354 13.7353 14.0943
December 14.3564 13.5951 14.0094