2024 SEK to PEN Historical Review

YEARLY HIGH

0.3743 PEN

YEARLY LOW

0.3337 PEN

YEARLY AVERAGE

0.3551 PEN

2024 SEK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.3743. Conversely, the yearly low was recorded on December 25, dropping to 0.3337.

This high-to-low spread represents a total annual volatility of 0.0406 PEN. From a start-to-finish perspective, comparing the January average rate of 0.3607 to the December average rate of 0.3394, the exchange rate registered a net change of -5.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3743 was down 1.69% compared to the 2023 peak of 0.3808, 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 1,872 PEN

2023 Average 1,763 PEN

Yearly Trough Low 1,669 PEN

Transaction Impact: A difference of 203.18 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3717

0.3365

JanuMarcMayJulySeptNove

SEK to PEN 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 0.3557, compared to 0.3545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.3557

H2 Avg (Jul–Dec) 0.3545

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0216 PEN (High: 0.3663 / Low: 0.3448). On the other end, October was the most stable month, with a tight range of 0.0088 PEN (High: 0.3621 / Low: 0.3533).

July Spread (Volatile) ±0.0216

October Spread (Stable) ±0.0088

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 March and April, when the average rate fell by 0.0130 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3688) against the same month in 2023 (average: 0.3357), the exchange rate shifted by +0.0330 (+9.83%).

2024 Avg (September) 0.3688

2023 Avg (September) 0.3357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3676	0.3547	0.3607
February	0.3717	0.3599	0.3669
March	0.3653	0.3475	0.3564
April	0.3494	0.3387	0.3434
May	0.3563	0.3394	0.3472
June	0.3644	0.3546	0.3600
July	0.3663	0.3448	0.3540
August	0.3688	0.3483	0.3594
September	0.3743	0.3654	0.3688
October	0.3621	0.3533	0.3580
November	0.3561	0.3429	0.3473
December	0.3447	0.3337	0.3394