YEARLY HIGH
11.8554 BDT
YEARLY LOW
9.9641 BDT
YEARLY AVERAGE
10.9205 BDT

2024 SEK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 11.8554. Conversely, the yearly low was recorded on April 30, dropping to 9.9641.

This high-to-low spread represents a total annual volatility of 1.8913 BDT. From a start-to-finish perspective, comparing the January average rate of 10.6070 to the December average rate of 10.8660, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.8554 was up 7.31% compared to the 2023 peak of 11.0479, 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 59,277 BDT
2023 Average 50,927 BDT
Yearly Trough Low 49,821 BDT
Transaction Impact: A difference of 9,456.42 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.8483
9.9841
JanuMarcMayJulySeptNove

SEK to BDT 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 10.6112, compared to 11.2297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6185 points.

H1 Avg (Jan–Jun) 10.6112
H2 Avg (Jul–Dec) 11.2297

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.0971 BDT (High: 11.1447 / Low: 10.0476). On the other end, June was the most stable month, with a tight range of 0.2862 BDT (High: 11.3132 / Low: 11.0270).

May Spread (Volatile) ±1.0971
June Spread (Stable) ±0.2862

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 0.4361 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11.6930) against the same month in 2023 (average: 9.8978), the exchange rate shifted by +1.7952 (+18.14%).

2024 Avg (September) 11.6930
2023 Avg (September) 9.8978

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9239 10.4642 10.6070
February 10.6734 10.3604 10.5192
March 10.7368 10.2539 10.5221
April 10.4023 9.9641 10.1394
May 11.1447 10.0476 10.7004
June 11.3132 11.0270 11.1793
July 11.3467 10.8443 11.0495
August 11.7672 10.9383 11.3751
September 11.8554 11.4976 11.6930
October 11.6372 11.1987 11.4154
November 11.2747 10.7939 10.9793
December 11.0191 10.7091 10.8660