2024 SEK to LRD Historical Review

YEARLY HIGH

19.6691 LRD

YEARLY LOW

16.2565 LRD

YEARLY AVERAGE

18.1160 LRD

2024 SEK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 19.6691. Conversely, the yearly low was recorded on December 18, dropping to 16.2565.

This high-to-low spread represents a total annual volatility of 3.4126 LRD. From a start-to-finish perspective, comparing the January average rate of 18.2822 to the December average rate of 16.4243, the exchange rate registered a net change of -10.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.6691 was up 3.77% compared to the 2023 peak of 18.9553, 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 98,345 LRD

2023 Average 82,312 LRD

Yearly Trough Low 81,282 LRD

Transaction Impact: A difference of 17,063.07 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.4048

16.1533

JanuMarcMayJulySeptNove

SEK to LRD 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 18.2143, compared to 18.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1965 points.

H1 Avg (Jan–Jun) 18.2143

H2 Avg (Jul–Dec) 18.0178

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.8333 LRD (High: 18.1152 / Low: 16.2818). On the other end, December was the most stable month, with a tight range of 0.3651 LRD (High: 16.6216 / Low: 16.2565).

November Spread (Volatile) ±1.8333

December Spread (Stable) ±0.3651

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 1.3939 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 19.1338) against the same month in 2023 (average: 16.8004), the exchange rate shifted by +2.3334 (+13.89%).

2024 Avg (September) 19.1338

2023 Avg (September) 16.8004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.7079	18.0548	18.2822
February	18.5593	17.9243	18.2531
March	18.8456	18.0118	18.4603
April	18.2954	17.1749	17.8132
May	18.4139	17.7078	18.0094
June	18.6789	18.2036	18.4677
July	18.7724	18.0338	18.3331
August	19.2100	18.2105	18.8173
September	19.6691	18.7654	19.1338
October	18.8703	17.9806	18.3960
November	18.1152	16.2818	17.0021
December	16.6216	16.2565	16.4243