2024 UAH to SEK Historical Review

YEARLY HIGH

0.2821 SEK

YEARLY LOW

0.2440 SEK

YEARLY AVERAGE

0.2635 SEK

2024 UAH to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.2821. Conversely, the yearly low was recorded on September 24, dropping to 0.2440.

This high-to-low spread represents a total annual volatility of 0.0381 SEK. From a start-to-finish perspective, comparing the January average rate of 0.2734 to the December average rate of 0.2632, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2821 was down 8.51% compared to the 2023 peak of 0.3083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,410 SEK

2023 Average 1,442 SEK

Yearly Trough Low 1,220 SEK

Transaction Impact: A difference of 190.61 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2775

0.2450

JanuMarcMayJulySeptNove

UAH 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 0.2704, compared to 0.2566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.2704

H2 Avg (Jul–Dec) 0.2566

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0171 SEK (High: 0.2769 / Low: 0.2598). On the other end, December was the most stable month, with a tight range of 0.0054 SEK (High: 0.2661 / Low: 0.2607).

May Spread (Volatile) ±0.0171

December Spread (Stable) ±0.0054

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 0.0110 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2747) against the same month in 2023 (average: 0.2841), the exchange rate shifted by -0.0094 (-3.30%).

2024 Avg (February) 0.2747

2023 Avg (February) 0.2841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2799	0.2642	0.2734
February	0.2821	0.2677	0.2747
March	0.2728	0.2637	0.2693
April	0.2788	0.2711	0.2748
May	0.2769	0.2598	0.2705
June	0.2623	0.2566	0.2595
July	0.2641	0.2544	0.2593
August	0.2610	0.2455	0.2524
September	0.2522	0.2440	0.2477
October	0.2586	0.2488	0.2538
November	0.2682	0.2564	0.2630
December	0.2661	0.2607	0.2632