YEARLY HIGH
0.2317 TOP
YEARLY LOW
0.2149 TOP
YEARLY AVERAGE
0.2241 TOP

2024 SEK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2317. Conversely, the yearly low was recorded on December 25, dropping to 0.2149.

This high-to-low spread represents a total annual volatility of 0.0168 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2277 to the December average rate of 0.2178, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2317 was down 1.24% compared to the 2023 peak of 0.2346, 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 1,159 TOP
2023 Average 1,114 TOP
Yearly Trough Low 1,075 TOP
Transaction Impact: A difference of 84.03 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2306
0.2166
JanuMarcMayJulySeptNove

SEK to TOP 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 0.2245, compared to 0.2237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2245
H2 Avg (Jul–Dec) 0.2237

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0094 TOP (High: 0.2312 / Low: 0.2218). On the other end, October was the most stable month, with a tight range of 0.0051 TOP (High: 0.2281 / Low: 0.2230).

August Spread (Volatile) ±0.0094
October Spread (Stable) ±0.0051

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 0.0068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2294) against the same month in 2023 (average: 0.2156), the exchange rate shifted by +0.0138 (+6.41%).

2024 Avg (September) 0.2294
2023 Avg (September) 0.2156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2313 0.2253 0.2277
February 0.2304 0.2234 0.2269
March 0.2314 0.2222 0.2272
April 0.2249 0.2161 0.2203
May 0.2243 0.2175 0.2203
June 0.2273 0.2216 0.2245
July 0.2285 0.2196 0.2226
August 0.2312 0.2218 0.2275
September 0.2317 0.2258 0.2294
October 0.2281 0.2230 0.2255
November 0.2249 0.2165 0.2196
December 0.2206 0.2149 0.2178