YEARLY HIGH
29.6181 SEK
YEARLY LOW
26.6602 SEK
YEARLY AVERAGE
28.0616 SEK

2024 BHD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 29.6181. Conversely, the yearly low was recorded on January 1, dropping to 26.6602.

This high-to-low spread represents a total annual volatility of 2.9579 SEK. From a start-to-finish perspective, comparing the January average rate of 27.4507 to the December average rate of 29.1673, 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 29.6181 was down 0.56% compared to the 2023 peak of 29.7860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148,090 SEK
2023 Average 140,813 SEK
Yearly Trough Low 133,301 SEK
Transaction Impact: A difference of 14,789.58 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.3709
26.9283
JanuMarcMayJulySeptNove

BHD 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 27.9894, compared to 28.1337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1443 points.

H1 Avg (Jan–Jun) 27.9894
H2 Avg (Jul–Dec) 28.1337

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.5316 SEK (High: 28.4756 / Low: 26.9440). On the other end, June was the most stable month, with a tight range of 0.6985 SEK (High: 28.2555 / Low: 27.5569).

August Spread (Volatile) ±1.5316
June Spread (Stable) ±0.6985

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 0.6373 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6373

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 29.1673) against the same month in 2023 (average: 27.1662), the exchange rate shifted by +2.0011 (+7.37%).

2024 Avg (December) 29.1673
2023 Avg (December) 27.1662

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.8191 26.6602 27.4507
February 28.1389 27.2853 27.6889
March 28.3914 27.1113 27.6720
April 29.2320 27.9920 28.7086
May 28.9666 27.9613 28.5268
June 28.2555 27.5569 27.8895
July 28.7568 27.4644 28.2174
August 28.4756 26.9440 27.5984
September 27.5731 26.7537 27.1318
October 28.3360 27.2316 27.7976
November 29.3697 28.1236 28.8897
December 29.6181 28.7889 29.1673