YEARLY HIGH
2457.9421 VND
YEARLY LOW
2282.4717 VND
YEARLY AVERAGE
2370.0864 VND

2024 SEK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 2457.9421. Conversely, the yearly low was recorded on December 25, dropping to 2282.4717.

This high-to-low spread represents a total annual volatility of 175.4704 VND. From a start-to-finish perspective, comparing the January average rate of 2366.3237 to the December average rate of 2312.1432, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2457.9421 was up 0.32% compared to the 2023 peak of 2450.0169, 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 12,289,711 VND
2023 Average 11,236,868 VND
Yearly Trough Low 11,412,359 VND
Transaction Impact: A difference of 877,351.95 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2432.0924
2301.2388
JanuMarcMayJulySeptNove

SEK to VND 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 2366.8336, compared to 2373.3392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.5055 points.

H1 Avg (Jan–Jun) 2366.8336
H2 Avg (Jul–Dec) 2373.3392

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 124.7253 VND (High: 2457.9421 / Low: 2333.2168). On the other end, October was the most stable month, with a tight range of 40.1805 VND (High: 2408.5418 / Low: 2368.3613).

July Spread (Volatile) ±124.7253
October Spread (Stable) ±40.1805

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 60.8845 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -60.8845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2386.7210) against the same month in 2023 (average: 2248.4011), the exchange rate shifted by +138.3200 (+6.15%).

2024 Avg (July) 2386.7210
2023 Avg (July) 2248.4011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2408.9118 2342.2094 2366.3237
February 2399.6825 2299.1695 2347.5890
March 2414.6786 2317.0493 2371.6109
April 2364.8229 2295.8090 2327.0157
May 2416.7419 2320.6387 2367.2744
June 2449.6589 2394.2220 2421.1880
July 2457.9421 2333.2168 2386.7210
August 2453.6804 2350.1642 2409.1414
September 2440.0755 2364.2882 2410.9229
October 2408.5418 2368.3613 2390.9954
November 2386.6472 2296.4075 2330.1110
December 2340.2446 2282.4717 2312.1432