2024 SEK to BAM Historical Review

YEARLY HIGH

0.1758 BAM

YEARLY LOW

0.1655 BAM

YEARLY AVERAGE

0.1710 BAM

2024 SEK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1758. Conversely, the yearly low was recorded on April 30, dropping to 0.1655.

This high-to-low spread represents a total annual volatility of 0.0102 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1732 to the December average rate of 0.1697, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1758 was down 1.40% compared to the 2023 peak of 0.1782, 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 879 BAM

2023 Average 852 BAM

Yearly Trough Low 828 BAM

Transaction Impact: A difference of 51.20 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1741

0.1679

JanuMarcMayJulySeptNove

SEK to BAM 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 0.1715, compared to 0.1704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1715

H2 Avg (Jul–Dec) 0.1704

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0081 BAM (High: 0.1745 / Low: 0.1663). On the other end, October was the most stable month, with a tight range of 0.0032 BAM (High: 0.1725 / Low: 0.1693).

July Spread (Volatile) ±0.0081

October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0042 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1732) against the same month in 2023 (average: 0.1749), the exchange rate shifted by -0.0017 (-0.99%).

2024 Avg (January) 0.1732

2023 Avg (January) 0.1749

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1758	0.1713	0.1732
February	0.1753	0.1699	0.1736
March	0.1755	0.1694	0.1726
April	0.1706	0.1655	0.1684
May	0.1711	0.1668	0.1684
June	0.1750	0.1704	0.1729
July	0.1745	0.1663	0.1695
August	0.1729	0.1688	0.1709
September	0.1744	0.1703	0.1722
October	0.1725	0.1693	0.1713
November	0.1711	0.1672	0.1689
December	0.1712	0.1673	0.1697