2024 SEK to MNT Historical Review

YEARLY HIGH

342.4442 MNT

YEARLY LOW

304.9983 MNT

YEARLY AVERAGE

324.2619 MNT

2024 SEK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 342.4442. Conversely, the yearly low was recorded on December 25, dropping to 304.9983.

This high-to-low spread represents a total annual volatility of 37.4459 MNT. From a start-to-finish perspective, comparing the January average rate of 333.4872 to the December average rate of 309.0630, the exchange rate registered a net change of -7.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 342.4442 was down 1.32% compared to the 2023 peak of 347.0197, 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 1,712,221 MNT

2023 Average 1,632,408 MNT

Yearly Trough Low 1,524,992 MNT

Transaction Impact: A difference of 187,229.58 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

335.9296

306.6206

JanuMarcMayJulySeptNove

SEK to MNT 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 327.1974, compared to 321.3265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.8709 points.

H1 Avg (Jan–Jun) 327.1974

H2 Avg (Jul–Dec) 321.3265

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 20.1183 MNT (High: 333.6417 / Low: 313.5234). On the other end, June was the most stable month, with a tight range of 7.6825 MNT (High: 332.1792 / Low: 324.4967).

July Spread (Volatile) ±20.1183

June Spread (Stable) ±7.6825

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 12.2360 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.2360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 333.4872) against the same month in 2023 (average: 327.9245), the exchange rate shifted by +5.5627 (+1.70%).

2024 Avg (January) 333.4872

2023 Avg (January) 327.9245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	342.4442	329.0501	333.4872
February	335.5854	325.2968	330.6131
March	337.8397	322.3907	330.9531
April	326.9574	313.0995	318.8404
May	327.6322	315.8846	321.0011
June	332.1792	324.4967	328.2894
July	333.6417	313.5234	322.9501
August	334.6614	316.5993	326.9800
September	337.0029	327.0178	332.4363
October	331.0274	318.1654	324.3828
November	320.5465	306.9385	312.1468
December	313.1159	304.9983	309.0630