2024 SEK to AED Historical Review

YEARLY HIGH

0.3646 AED

YEARLY LOW

0.3297 AED

YEARLY AVERAGE

0.3475 AED

2024 SEK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3646. Conversely, the yearly low was recorded on December 25, dropping to 0.3297.

This high-to-low spread represents a total annual volatility of 0.0349 AED. From a start-to-finish perspective, comparing the January average rate of 0.3550 to the December average rate of 0.3341, the exchange rate registered a net change of -5.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3646 was down 1.32% compared to the 2023 peak of 0.3694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,823 AED

2023 Average 1,732 AED

Yearly Trough Low 1,648 AED

Transaction Impact: A difference of 174.40 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3619

0.3315

JanuMarcMayJulySeptNove

SEK to AED 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 0.3483, compared to 0.3467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.3483

H2 Avg (Jul–Dec) 0.3467

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0195 AED (High: 0.3617 / Low: 0.3422). On the other end, June was the most stable month, with a tight range of 0.0082 AED (High: 0.3536 / Low: 0.3455).

August Spread (Volatile) ±0.0195

June Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0132 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3550) against the same month in 2023 (average: 0.3535), the exchange rate shifted by +0.0015 (+0.43%).

2024 Avg (January) 0.3550

2023 Avg (January) 0.3535

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3646	0.3503	0.3550
February	0.3573	0.3463	0.3520
March	0.3597	0.3432	0.3523
April	0.3480	0.3333	0.3394
May	0.3488	0.3363	0.3417
June	0.3536	0.3455	0.3495
July	0.3552	0.3389	0.3455
August	0.3617	0.3422	0.3534
September	0.3643	0.3535	0.3593
October	0.3578	0.3439	0.3506
November	0.3465	0.3318	0.3374
December	0.3385	0.3297	0.3341