2024 SEK to SOS Historical Review

YEARLY HIGH

56.8839 SOS

YEARLY LOW

51.2178 SOS

YEARLY AVERAGE

54.0579 SOS

2024 SEK to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 56.8839. Conversely, the yearly low was recorded on December 25, dropping to 51.2178.

This high-to-low spread represents a total annual volatility of 5.6661 SOS. From a start-to-finish perspective, comparing the January average rate of 55.2182 to the December average rate of 51.9653, 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 56.8839 was down 1.00% compared to the 2023 peak of 57.4602, 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 284,419 SOS

2023 Average 268,449 SOS

Yearly Trough Low 256,089 SOS

Transaction Impact: A difference of 28,330.52 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.3018

51.5711

JanuMarcMayJulySeptNove

SEK to SOS 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 54.1857, compared to 53.9301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2556 points.

H1 Avg (Jan–Jun) 54.1857

H2 Avg (Jul–Dec) 53.9301

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.0621 SOS (High: 56.2616 / Low: 53.1996). On the other end, June was the most stable month, with a tight range of 1.3809 SOS (High: 55.0075 / Low: 53.6266).

August Spread (Volatile) ±3.0621

June Spread (Stable) ±1.3809

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 2.0579 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 55.2182) against the same month in 2023 (average: 54.7379), the exchange rate shifted by +0.4803 (+0.88%).

2024 Avg (January) 55.2182

2023 Avg (January) 54.7379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.8839	54.4760	55.2182
February	55.5841	53.9433	54.7876
March	55.9297	53.3969	54.8027
April	54.1619	51.8782	52.8005
May	54.2255	52.2354	53.1345
June	55.0075	53.6266	54.3708
July	55.1851	52.7470	53.7259
August	56.2616	53.1996	54.9007
September	56.6722	54.9701	55.9076
October	55.6431	53.5192	54.5694
November	53.8646	51.6206	52.5115
December	52.6856	51.2178	51.9653