2024 SEK to BBD Historical Review

YEARLY HIGH

0.1985 BBD

YEARLY LOW

0.1795 BBD

YEARLY AVERAGE

0.1892 BBD

2024 SEK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1985. Conversely, the yearly low was recorded on December 25, dropping to 0.1795.

This high-to-low spread represents a total annual volatility of 0.0190 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1933 to the December average rate of 0.1819, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1985 was down 1.32% compared to the 2023 peak of 0.2012, 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 993 BBD

2023 Average 943 BBD

Yearly Trough Low 898 BBD

Transaction Impact: A difference of 95.01 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1970

0.1805

JanuMarcMayJulySeptNove

SEK to BBD 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 0.1897, compared to 0.1888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1897

H2 Avg (Jul–Dec) 0.1888

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0106 BBD (High: 0.1970 / Low: 0.1863). On the other end, June was the most stable month, with a tight range of 0.0045 BBD (High: 0.1926 / Low: 0.1881).

August Spread (Volatile) ±0.0106

June Spread (Stable) ±0.0045

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 0.0072 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1933) against the same month in 2023 (average: 0.1925), the exchange rate shifted by +0.0008 (+0.43%).

2024 Avg (January) 0.1933

2023 Avg (January) 0.1925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1985	0.1908	0.1933
February	0.1945	0.1886	0.1917
March	0.1958	0.1869	0.1919
April	0.1895	0.1815	0.1848
May	0.1899	0.1831	0.1861
June	0.1926	0.1881	0.1903
July	0.1934	0.1845	0.1881
August	0.1970	0.1863	0.1925
September	0.1984	0.1925	0.1957
October	0.1948	0.1873	0.1909
November	0.1887	0.1807	0.1837
December	0.1843	0.1795	0.1819