2024 SEK to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SEK to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SEK to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 44.1852. Conversely, the yearly low was recorded on November 6, dropping to 41.4994.
This high-to-low spread represents a total annual volatility of 2.6858 KMF. From a start-to-finish perspective, comparing the January average rate of 43.6263 to the December average rate of 42.7448, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 44.1852 was down 1.24% compared to the 2023 peak of 44.7406, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SEK to KMF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 43.1837, compared to 42.9224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2613 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 2.1491 KMF (High: 44.0456 / Low: 41.8964). On the other end, December was the most stable month, with a tight range of 0.8257 KMF (High: 43.1479 / Low: 42.3222).
Growth Streaks & Declines
TrendsBetween July and September, 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 March and April, when the average rate fell by 1.0511 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 43.6263) against the same month in 2023 (average: 43.9875), the exchange rate shifted by -0.3612 (-0.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.1852 | 43.0746 | 43.6263 |
| February | 44.1465 | 42.8804 | 43.7021 |
| March | 44.1670 | 42.5229 | 43.4642 |
| April | 42.9902 | 41.7096 | 42.4131 |
| May | 43.1383 | 41.8722 | 42.4087 |
| June | 43.9462 | 42.8517 | 43.4877 |
| July | 44.0456 | 41.8964 | 42.7244 |
| August | 43.4577 | 42.3843 | 43.0384 |
| September | 43.8312 | 42.9125 | 43.3902 |
| October | 43.4897 | 42.5563 | 43.1065 |
| November | 43.0659 | 41.4994 | 42.5298 |
| December | 43.1479 | 42.3222 | 42.7448 |