Forex metals

Silver (troy oz) vs. Swedish krona (XAGSEK) Seasonality

Over 1977 to 2025 (49 years of data), XAGSEK has tended to move short between 09.10 and 25.10, closing higher in 73.7% of those years for an average +2.10% move and an annualized Sharpe of 0.83.

Years: 1977-2025
Category: Forex metals
Windows: 8

Best window

09.10 - 25.10

Direction

Short

Win rate

73.7%

Avg return

+2.10%

Sample

38 yrs

Average seasonal curve

Average path across the year

1977-2025

Strongest recurring windows

Window	Dir	Win rate	Avg return	Sharpe	Years
09.10 → 25.10	Short	73.7%	+2.10%	0.83	38
09.10 → 24.10	Short	73.7%	+1.43%	0.61	38
11.10 → 24.10	Short	70.3%

Embed this chart

<iframe src="https://www.analytics-fx.com/embed/seasonality/xagsek" title="XAGSEK seasonality" width="480" height="240" style="border:0;border-radius:8px;overflow:hidden" loading="lazy"></iframe>

Explore further

Open in the seasonality screener →Browse all instruments How to read seasonality

XAGSEK average seasonal curve, 1977 to 2025
Index	Value
1	100
2	100.0007
3	99.8118
4	99.9576
5	100.0467
6	100.7115
7	100.8439
8	100.4701
9	100.3523
10	100.5311
11	100.4312
12	100.1799
13	100.0753
14	100.2418
15	100.3136
16	100.46
17	100.5582
18	100.552
19	100.2324
20	99.9585
21	100.0457
22	99.3876
23	99.3434
24	99.5133
25	99.7457
26	99.5171
27	100.0836
28	100.1356
29	100.5748
30	100.907
31	101.2926
32	101.5438
33	101.7715
34	101.5605
35	101.3576
36	101.7354
37	101.4353
38	101.7799
39	101.6073
40	101.4314
41	101.2806
42	101.5916
43	101.5094
44	101.7631
45	101.9378
46	102.0056
47	102.0454
48	101.9409
49	101.8828
50	101.3462
51	101.1622
52	100.8893
53	100.9027
54	100.8999
55	101.1609
56	101.0983
57	101.1766
58	101.3487
59	101.3117
60	101.4681
61	101.5423
62	101.5961
63	101.9961
64	101.8927
65	102.0673
66	101.7946
67	101.9711
68	101.8556
69	102.0358
70	102.0802
71	102.3709
72	102.3713
73	102.5717
74	102.7547
75	102.7877
76	103.112
77	103.8076
78	103.7232
79	103.4484
80	103.471
81	103.5064
82	104.2161
83	104.1585
84	104.2452
85	104.5616
86	104.5864
87	104.0518
88	104.0571
89	103.6594
90	103.552
91	103.8019
92	103.9432
93	103.6453
94	103.516
95	103.6964
96	103.8103
97	104.1349
98	104.3986
99	104.7169
100	104.8461
101	104.7123
102	104.9651
103	105.4894
104	105.054
105	104.9445
106	105.2362
107	105.5875
108	105.8183
109	105.7448
110	105.2613
111	105.3419
112	105.6967
113	105.8823
114	106.2693
115	106.141
116	106.3993
117	106.5143
118	106.3489
119	106.5044
120	106.361
121	106.3382
122	106.739
123	106.6809
124	106.8555
125	106.8987
126	106.9998
127	106.5086
128	106.5358
129	106.8843
130	106.6935
131	106.4219
132	106.7798
133	106.4514
134	106.5602
135	106.5271
136	110.0536
137	110.0116
138	110.2036
139	109.9944
140	110.1251
141	110.2163
142	110.1869
143	110.1968
144	109.9841
145	109.7585
146	109.9951
147	110.2508
148	110.8134
149	110.7812
150	110.684
151	110.3426
152	110.5886
153	110.9361
154	111.0353
155	111.1604
156	111.2536
157	111.2647
158	110.9612
159	110.8709
160	110.9836
161	111.0639
162	111.1831
163	110.6259
164	111.0051
165	110.9205
166	111.1667
167	111.4943
168	111.2342
169	110.9617
170	110.896
171	110.9142
172	111.188
173	110.8802
174	110.9831
175	110.6334
176	110.9085
177	110.4981
178	110.4511
179	110.2761
180	110.1444
181	110.1621
182	110.2988
183	110.4822
184	110.7053
185	110.851
186	110.6981
187	110.6847
188	110.5606
189	110.4965
190	110.452
191	110.2414
192	110.6483
193	110.7904
194	110.7366
195	110.7267
196	110.7071
197	110.674
198	111.1808
199	110.9121
200	110.9889
201	110.6029
202	110.8694
203	110.6197
204	110.5875
205	110.6643
206	110.431
207	110.6008
208	110.8469
209	110.7751
210	111.0986
211	111.1854
212	111.4087
213	111.4271
214	111.5879
215	111.5524
216	111.5665
217	111.5896
218	111.4422
219	111.4378
220	111.0416
221	111.3588
222	111.3654
223	111.4018
224	111.7837
225	111.8364
226	111.6167
227	111.7992
228	111.3785
229	111.7064
230	111.9975
231	111.9325
232	111.9657
233	111.9084
234	111.8902
235	111.951
236	112.0044
237	112.239
238	112.2094
239	112.1059
240	111.7549
241	111.8684
242	111.5662
243	111.2561
244	111.3243
245	111.3707
246	111.3433
247	111.346
248	111.1827
249	111.2267
250	111.1283
251	111.4186
252	111.2821
253	111.0778
254	111.1706
255	111.4019
256	111.5717
257	112.0642
258	112.4207
259	112.4752
260	111.6718
261	111.211
262	111.4031
263	111.7124
264	111.3649
265	111.1926
266	110.8555
267	110.8077
268	110.7905
269	111.0104
270	110.8358
271	111.1784
272	111.2406
273	110.5592
274	111.1446
275	110.6988
276	110.2639
277	109.5333
278	109.7642
279	110.1025
280	109.8878
281	110.254
282	109.9843
283	109.7945
284	110.1813
285	110.5173
286	110.1798
287	110.6172
288	110.8621
289	110.3206
290	109.914
291	109.8626
292	109.4997
293	109.7182
294	110.1461
295	110.2242
296	110.0939
297	109.6402
298	109.3347
299	108.8265
300	109.1525
301	109.1371
302	109.6105
303	109.8783
304	110.1474
305	109.99
306	110.705
307	110.7973
308	111.0511
309	111.472
310	111.4576
311	110.7525
312	110.8278
313	111.0826
314	110.7942
315	111.2516
316	111.4542
317	111.3259
318	111.3692
319	111.1984
320	111.345
321	111.028
322	111.1599
323	111.3075
324	111.0602
325	110.6748
326	110.6552
327	110.9961
328	111.2562
329	111.5699
330	111.6467
331	111.602
332	111.7826
333	111.9874
334	112.2524
335	112.3865
336	111.9767
337	111.7868
338	112.2008
339	112.5072
340	112.8698
341	112.6892
342	112.4408
343	112.6976
344	112.5944
345	112.2898
346	111.794
347	111.6264
348	111.4787
349	111.444
350	111.3162
351	111.7094
352	111.6796
353	111.8044
354	111.7338
355	112.0391
356	112.0663
357	112.1377
358	112.361
359	112.6084
360	113.0674
361	112.9907
362	112.8927
363	112.811
364	112.977
365	112.7137
366	112.8653

XAGSEK average seasonal curve, 1977 to 2025

Index

Value

100

100.0007

99.8118

99.9576

100.0467

100.7115

100.8439

100.4701

100.3523

100.5311

100.4312

100.1799

100.0753

100.2418

100.3136

100.46

100.5582

100.552

100.2324

99.9585

100.0457

99.3876

99.3434

99.5133

99.7457

99.5171

100.0836

100.1356

100.5748

100.907

101.2926

101.5438

101.7715

101.5605

101.3576

101.7354

101.4353

101.7799

101.6073

101.4314

101.2806

101.5916

101.5094

101.7631

101.9378

102.0056

102.0454

101.9409

101.8828

101.3462

101.1622

100.8893

100.9027

100.8999

101.1609

101.0983

101.1766

101.3487

101.3117

101.4681

101.5423

101.5961

101.9961

101.8927

102.0673

101.7946

101.9711

101.8556

102.0358

102.0802

102.3709

102.3713

102.5717

102.7547

102.7877

103.112

103.8076

103.7232

103.4484

103.471

103.5064

104.2161

104.1585

104.2452

104.5616

104.5864

104.0518

104.0571

103.6594

103.552

103.8019

103.9432

103.6453

103.516

103.6964

103.8103

104.1349

104.3986

104.7169

100

104.8461

101

104.7123

102

104.9651

103

105.4894

104

105.054

105

104.9445

106

105.2362

107

105.5875

108

105.8183

109

105.7448

110

105.2613

111

105.3419

112

105.6967

113

105.8823

114

106.2693

115

106.141

116

106.3993

117

106.5143

118

106.3489

119

106.5044

120

106.361

121

106.3382

122

106.739

123

106.6809

124

106.8555

125

106.8987

126

106.9998

127

106.5086

128

106.5358

129

106.8843

130

106.6935

131

106.4219

132

106.7798

133

106.4514

134

106.5602

135

106.5271

136

110.0536

137

110.0116

138

110.2036

139

109.9944

140

110.1251

141

110.2163

142

110.1869

143

110.1968

144

109.9841

145

109.7585

146

109.9951

147

110.2508

148

110.8134

149

110.7812

150

110.684

151

110.3426

152

110.5886

153

110.9361

154

111.0353

155

111.1604

156

111.2536

157

111.2647

158

110.9612

159

110.8709

160

110.9836

161

111.0639

162

111.1831

163

110.6259

164

111.0051

165

110.9205

166

111.1667

167

111.4943

168

111.2342

169

110.9617

170

110.896

171

110.9142

172

111.188

173

110.8802

174

110.9831

175

110.6334

176

110.9085

177

110.4981

178

110.4511

179

110.2761

180

110.1444

181

110.1621

182

110.2988

183

110.4822

184

110.7053

185

110.851

186

110.6981

187

110.6847

188

110.5606

189

110.4965

190

110.452

191

110.2414

192

110.6483

193

110.7904

194

110.7366

195

110.7267

196

110.7071

197

110.674

198

111.1808

199

110.9121

200

110.9889

201

110.6029

202

110.8694

203

110.6197

204

110.5875

205

110.6643

206

110.431

207

110.6008

208

110.8469

209

110.7751

210

111.0986

211

111.1854

212

111.4087

213

111.4271

214

111.5879

215

111.5524

216

111.5665

217

111.5896

218

111.4422

219

111.4378

220

111.0416

221

111.3588

222

111.3654

223

111.4018

224

111.7837

225

111.8364

226

111.6167

227

111.7992

228

111.3785

229

111.7064

230

111.9975

231

111.9325

232

111.9657

233

111.9084

234

111.8902

235

111.951

236

112.0044

237

112.239

238

112.2094

239

112.1059

240

111.7549

241

111.8684

242

111.5662

243

111.2561

244

111.3243

245

111.3707

246

111.3433

247

111.346

248

111.1827

249

111.2267

250

111.1283

251

111.4186

252

111.2821

253

111.0778

254

111.1706

255

111.4019

256

111.5717

257

112.0642

258

112.4207

259

112.4752

260

111.6718

261

111.211

262

111.4031

263

111.7124

264

111.3649

265

111.1926

266

110.8555

267

110.8077

268

110.7905

269

111.0104

270

110.8358

271

111.1784

272

111.2406

273

110.5592

274

111.1446

275

110.6988

276

110.2639

277

109.5333

278

109.7642

279

110.1025

280

109.8878

281

110.254

282

109.9843

283

109.7945

284

110.1813

285

110.5173

286

110.1798

287

110.6172

288

110.8621

289

110.3206

290

109.914

291

109.8626

292

109.4997

293

109.7182

294

110.1461

295

110.2242

296

110.0939

297

109.6402

298

109.3347

299

108.8265

300

109.1525

301

109.1371

302

109.6105

303

109.8783

304

110.1474

305

109.99

306

110.705

307

110.7973

308

111.0511

309

111.472

310

111.4576

311

110.7525

312

110.8278

313

111.0826

314

110.7942

315

111.2516

316

111.4542

317

111.3259

318

111.3692

319

111.1984

320

111.345

321

111.028

322

111.1599

323

111.3075

324

111.0602

325

110.6748

326

110.6552

327

110.9961

328

111.2562

329

111.5699

330

111.6467

331

111.602

332

111.7826

333

111.9874

334

112.2524

335

112.3865

336

111.9767

337

111.7868

338

112.2008

339

112.5072

340

112.8698

341

112.6892

342

112.4408

343

112.6976

344

112.5944

345

112.2898

346

111.794

347

111.6264

348

111.4787

349

111.444

350

111.3162

351

111.7094

352

111.6796

353

111.8044

354

111.7338

355

112.0391

356

112.0663

357

112.1377

358

112.361

359

112.6084

360

113.0674

361

112.9907

362

112.8927

363

112.811

364

112.977

365

112.7137

366

112.8653