2024 GMD to SEK Historical Review

YEARLY HIGH

0.1626 SEK

YEARLY LOW

0.1430 SEK

YEARLY AVERAGE

0.1537 SEK

2024 GMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1626. Conversely, the yearly low was recorded on August 27, dropping to 0.1430.

This high-to-low spread represents a total annual volatility of 0.0196 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1538 to the December average rate of 0.1531, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1626 was down 12.10% compared to the 2023 peak of 0.1850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 813 SEK

2023 Average 853 SEK

Yearly Trough Low 715 SEK

Transaction Impact: A difference of 97.86 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1606

0.1457

JanuMarcMayJulySeptNove

GMD 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 0.1558, compared to 0.1517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1558

H2 Avg (Jul–Dec) 0.1517

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0125 SEK (High: 0.1555 / Low: 0.1430). On the other end, June was the most stable month, with a tight range of 0.0036 SEK (High: 0.1569 / Low: 0.1533).

August Spread (Volatile) ±0.0125

June Spread (Stable) ±0.0036

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 July and August, when the average rate fell by 0.0079 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1594) against the same month in 2023 (average: 0.1673), the exchange rate shifted by -0.0079 (-4.74%).

2024 Avg (April) 0.1594

2023 Avg (April) 0.1673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1558	0.1496	0.1538
February	0.1574	0.1516	0.1544
March	0.1575	0.1503	0.1535
April	0.1626	0.1554	0.1594
May	0.1612	0.1554	0.1586
June	0.1569	0.1533	0.1551
July	0.1599	0.1526	0.1568
August	0.1555	0.1430	0.1489
September	0.1487	0.1449	0.1469
October	0.1537	0.1466	0.1512
November	0.1559	0.1493	0.1530
December	0.1550	0.1512	0.1531