2024 SEK to KRW Historical Review

YEARLY HIGH

134.0038 KRW

YEARLY LOW

124.8982 KRW

YEARLY AVERAGE

128.9754 KRW

2024 SEK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 134.0038. Conversely, the yearly low was recorded on May 8, dropping to 124.8982.

This high-to-low spread represents a total annual volatility of 9.1056 KRW. From a start-to-finish perspective, comparing the January average rate of 128.0361 to the December average rate of 131.0368, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 134.0038 was up 2.76% compared to the 2023 peak of 130.4062, 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 670,019 KRW

2023 Average 615,701 KRW

Yearly Trough Low 624,491 KRW

Transaction Impact: A difference of 45,528.12 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

131.9437

126.1086

JanuMarcMayJulySeptNove

SEK to KRW 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 128.0818, compared to 129.8691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7873 points.

H1 Avg (Jan–Jun) 128.0818

H2 Avg (Jul–Dec) 129.8691

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 6.4482 KRW (High: 131.3463 / Low: 124.8982). On the other end, October was the most stable month, with a tight range of 1.8918 KRW (High: 130.8738 / Low: 128.9820).

May Spread (Volatile) ±6.4482

October Spread (Stable) ±1.8918

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 1.8584 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.8584

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 131.0368) against the same month in 2023 (average: 127.0820), the exchange rate shifted by +3.9548 (+3.11%).

2024 Avg (December) 131.0368

2023 Avg (December) 127.0820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	129.0934	127.1153	128.0361
February	129.6000	125.7839	127.6925
March	129.3208	125.9678	127.8106
April	128.3142	125.4979	126.5949
May	131.3463	124.8982	126.8993
June	132.6528	130.1062	131.4575
July	133.2207	127.4883	130.0222
August	131.3589	127.6624	129.8962
September	131.4966	128.9420	130.1205
October	130.8738	128.9820	129.9986
November	130.2128	126.6262	128.1402
December	134.0038	127.6430	131.0368