YEARLY HIGH
0.0195 SEK
YEARLY LOW
0.0176 SEK
YEARLY AVERAGE
0.0185 SEK

2024 SOS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0195. Conversely, the yearly low was recorded on January 1, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0019 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0181 to the December average rate of 0.0192, the exchange rate registered a net change of 6.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0195 was down 0.53% compared to the 2023 peak of 0.0196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SOS based on timing:

Yearly Peak High 98 SEK
2023 Average 93 SEK
Yearly Trough Low 88 SEK
Transaction Impact: A difference of 9.72 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0194
0.0178
JanuMarcMayJulySeptNove

SOS to SEK 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 0.0185, compared to 0.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0185
H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0010 SEK (High: 0.0188 / Low: 0.0178). On the other end, June was the most stable month, with a tight range of 0.0005 SEK (High: 0.0186 / Low: 0.0182).

August Spread (Volatile) ±0.0010
June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0192) against the same month in 2023 (average: 0.0179), the exchange rate shifted by +0.0013 (+7.41%).

2024 Avg (December) 0.0192
2023 Avg (December) 0.0179

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0184 0.0176 0.0181
February 0.0185 0.0180 0.0183
March 0.0187 0.0179 0.0183
April 0.0193 0.0185 0.0189
May 0.0191 0.0184 0.0188
June 0.0186 0.0182 0.0184
July 0.0190 0.0181 0.0186
August 0.0188 0.0178 0.0182
September 0.0182 0.0176 0.0179
October 0.0187 0.0180 0.0183
November 0.0194 0.0186 0.0190
December 0.0195 0.0190 0.0192