2024 SEK to SVC Historical Review

YEARLY HIGH

0.8710 SVC

YEARLY LOW

0.7842 SVC

YEARLY AVERAGE

0.8278 SVC

2024 SEK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8710. Conversely, the yearly low was recorded on December 25, dropping to 0.7842.

This high-to-low spread represents a total annual volatility of 0.0868 SVC. From a start-to-finish perspective, comparing the January average rate of 0.8457 to the December average rate of 0.7956, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8710 was down 1.12% compared to the 2023 peak of 0.8808, 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 4,355 SVC

2023 Average 4,124 SVC

Yearly Trough Low 3,921 SVC

Transaction Impact: A difference of 433.95 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8622

0.7896

JanuMarcMayJulySeptNove

SEK to SVC 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 0.8296, compared to 0.8259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.8296

H2 Avg (Jul–Dec) 0.8259

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0470 SVC (High: 0.8616 / Low: 0.8145). On the other end, June was the most stable month, with a tight range of 0.0214 SVC (High: 0.8425 / Low: 0.8211).

August Spread (Volatile) ±0.0470

June Spread (Stable) ±0.0214

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 0.0319 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8457) against the same month in 2023 (average: 0.8422), the exchange rate shifted by +0.0034 (+0.41%).

2024 Avg (January) 0.8457

2023 Avg (January) 0.8422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8710	0.8343	0.8457
February	0.8509	0.8260	0.8386
March	0.8560	0.8175	0.8389
April	0.8292	0.7944	0.8082
May	0.8306	0.8010	0.8139
June	0.8425	0.8211	0.8326
July	0.8450	0.8075	0.8229
August	0.8616	0.8145	0.8412
September	0.8681	0.8419	0.8562
October	0.8520	0.8200	0.8358
November	0.8255	0.7903	0.8039
December	0.8068	0.7842	0.7956