2024 NAD to SEK Historical Review

YEARLY HIGH

0.6237 SEK

YEARLY LOW

0.5321 SEK

YEARLY AVERAGE

0.5774 SEK

2024 NAD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.6237. Conversely, the yearly low was recorded on February 26, dropping to 0.5321.

This high-to-low spread represents a total annual volatility of 0.0916 SEK. From a start-to-finish perspective, comparing the January average rate of 0.5508 to the December average rate of 0.6034, the exchange rate registered a net change of 9.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6237 was down 1.44% compared to the 2023 peak of 0.6328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,118 SEK

2023 Average 2,870 SEK

Yearly Trough Low 2,660 SEK

Transaction Impact: A difference of 458.10 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6130

0.5444

JanuMarcMayJulySeptNove

NAD 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 0.5637, compared to 0.5911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 0.5637

H2 Avg (Jul–Dec) 0.5911

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0393 SEK (High: 0.5880 / Low: 0.5487). On the other end, November was the most stable month, with a tight range of 0.0139 SEK (High: 0.6151 / Low: 0.6012).

June Spread (Volatile) ±0.0393

November Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between February and May, 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 0.0142 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6034) against the same month in 2023 (average: 0.5482), the exchange rate shifted by +0.0552 (+10.06%).

2024 Avg (December) 0.6034

2023 Avg (December) 0.5482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5586	0.5440	0.5508
February	0.5686	0.5321	0.5501
March	0.5659	0.5402	0.5530
April	0.5875	0.5635	0.5730
May	0.5913	0.5729	0.5847
June	0.5880	0.5487	0.5705
July	0.5933	0.5682	0.5831
August	0.5884	0.5674	0.5764
September	0.5914	0.5727	0.5803
October	0.6057	0.5887	0.5961
November	0.6151	0.6012	0.6072
December	0.6237	0.5864	0.6034