YEARLY HIGH
1182.1967 SYP
YEARLY LOW
225.6530 SYP
YEARLY AVERAGE
265.8181 SYP

2024 SEK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1182.1967. Conversely, the yearly low was recorded on December 18, dropping to 225.6530.

This high-to-low spread represents a total annual volatility of 956.5437 SYP. From a start-to-finish perspective, comparing the January average rate of 242.8686 to the December average rate of 565.5209, the exchange rate registered a net change of 132.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1182.1967 was up 367.78% compared to the 2023 peak of 252.7239, 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 5,910,983 SYP
2023 Average 1,184,704 SYP
Yearly Trough Low 1,128,265 SYP
Transaction Impact: A difference of 4,782,718.35 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

598.9924
197.3343
JanuMarcMayJulySeptNove

SEK to SYP 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 238.2879, compared to 293.3482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 55.0603 points.

H1 Avg (Jan–Jun) 238.2879
H2 Avg (Jul–Dec) 293.3482

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 956.5437 SYP (High: 1182.1967 / Low: 225.6530). On the other end, June was the most stable month, with a tight range of 5.5950 SYP (High: 241.9160 / Low: 236.3211).

December Spread (Volatile) ±956.5437
June Spread (Stable) ±5.5950

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 9.0475 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.0475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 565.5209) against the same month in 2023 (average: 245.3649), the exchange rate shifted by +320.1560 (+130.48%).

2024 Avg (December) 565.5209
2023 Avg (December) 245.3649

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 249.3917 239.6372 242.8686
February 244.3966 236.9037 240.7755
March 246.0384 234.7874 241.0230
April 238.1131 228.0209 232.2017
May 238.6046 230.0492 233.7753
June 241.9160 236.3211 239.0832
July 242.9811 231.8237 236.3274
August 247.4535 234.0981 241.7737
September 249.1848 241.8017 245.8082
October 244.7664 235.2560 239.8533
November 237.0167 226.9548 230.8058
December 1182.1967 225.6530 565.5209