YEARLY HIGH
2211.6736 STD
YEARLY LOW
1999.9740 STD
YEARLY AVERAGE
2108.2997 STD

2024 SEK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2211.6736. Conversely, the yearly low was recorded on December 25, dropping to 1999.9740.

This high-to-low spread represents a total annual volatility of 211.6996 STD. From a start-to-finish perspective, comparing the January average rate of 2153.8246 to the December average rate of 2026.6272, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2211.6736 was down 1.67% compared to the 2023 peak of 2249.3327, 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 11,058,368 STD
2023 Average 10,653,522 STD
Yearly Trough Low 9,999,870 STD
Transaction Impact: A difference of 1,058,498.23 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2195.2207
2011.3006
JanuMarcMayJulySeptNove

SEK to STD 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 2113.2019, compared to 2103.3976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.8043 points.

H1 Avg (Jan–Jun) 2113.2019
H2 Avg (Jul–Dec) 2103.3976

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 118.4395 STD (High: 2194.4848 / Low: 2076.0453). On the other end, June was the most stable month, with a tight range of 49.6176 STD (High: 2145.3770 / Low: 2095.7594).

August Spread (Volatile) ±118.4395
June Spread (Stable) ±49.6176

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 80.2354 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -80.2354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2153.8246) against the same month in 2023 (average: 2196.8366), the exchange rate shifted by -43.0120 (-1.96%).

2024 Avg (January) 2153.8246
2023 Avg (January) 2196.8366

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2211.6736 2125.1676 2153.8246
February 2167.3756 2100.9269 2135.2624
March 2181.9352 2082.1582 2137.4579
April 2111.6521 2022.1511 2059.2282
May 2116.0103 2040.1386 2073.1833
June 2145.3770 2095.7594 2120.2547
July 2154.8223 2055.8758 2095.8154
August 2194.4848 2076.0453 2144.1154
September 2209.8383 2144.3629 2179.8940
October 2170.6555 2086.3146 2127.0845
November 2101.9287 2012.6967 2046.8490
December 2053.2039 1999.9740 2026.6272