YEARLY HIGH
0.1615 NZD
YEARLY LOW
0.1521 NZD
YEARLY AVERAGE
0.1564 NZD

2024 SEK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1615. Conversely, the yearly low was recorded on May 18, dropping to 0.1521.

This high-to-low spread represents a total annual volatility of 0.0094 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1566 to the December average rate of 0.1585, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1615 was up 1.71% compared to the 2023 peak of 0.1588, 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 807 NZD
2023 Average 768 NZD
Yearly Trough Low 761 NZD
Transaction Impact: A difference of 46.94 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1591
0.1528
JanuMarcMayJulySeptNove

SEK to NZD 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 0.1557, compared to 0.1571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1557
H2 Avg (Jul–Dec) 0.1571

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0070 NZD (High: 0.1615 / Low: 0.1545). On the other end, January was the most stable month, with a tight range of 0.0018 NZD (High: 0.1574 / Low: 0.1555).

December Spread (Volatile) ±0.0070
January Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1585) against the same month in 2023 (average: 0.1568), the exchange rate shifted by +0.0018 (+1.13%).

2024 Avg (December) 0.1585
2023 Avg (December) 0.1568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1574 0.1555 0.1566
February 0.1587 0.1545 0.1564
March 0.1589 0.1564 0.1579
April 0.1570 0.1532 0.1552
May 0.1544 0.1521 0.1533
June 0.1560 0.1530 0.1551
July 0.1576 0.1532 0.1559
August 0.1595 0.1559 0.1581
September 0.1589 0.1551 0.1571
October 0.1585 0.1549 0.1571
November 0.1582 0.1542 0.1555
December 0.1615 0.1545 0.1585