2024 SEK to BGN Historical Review

YEARLY HIGH

0.1759 BGN

YEARLY LOW

0.1661 BGN

YEARLY AVERAGE

0.1710 BGN

2024 SEK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1759. Conversely, the yearly low was recorded on April 30, dropping to 0.1661.

This high-to-low spread represents a total annual volatility of 0.0097 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1733 to the December average rate of 0.1698, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1759 was down 1.11% compared to the 2023 peak of 0.1778, 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 BGN

2023 Average 852 BGN

Yearly Trough Low 831 BGN

Transaction Impact: A difference of 48.52 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1742

0.1678

JanuMarcMayJulySeptNove

SEK to BGN 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 0.1716, compared to 0.1705 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) 0.1716

H2 Avg (Jul–Dec) 0.1705

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0080 BGN (High: 0.1745 / Low: 0.1664). On the other end, December was the most stable month, with a tight range of 0.0022 BGN (High: 0.1710 / Low: 0.1688).

July Spread (Volatile) ±0.0080

December Spread (Stable) ±0.0022

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 0.0040 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1733) against the same month in 2023 (average: 0.1746), the exchange rate shifted by -0.0013 (-0.72%).

2024 Avg (January) 0.1733

2023 Avg (January) 0.1746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1759	0.1715	0.1733
February	0.1752	0.1713	0.1736
March	0.1751	0.1689	0.1726
April	0.1707	0.1661	0.1685
May	0.1712	0.1668	0.1683
June	0.1744	0.1712	0.1729
July	0.1745	0.1664	0.1695
August	0.1725	0.1689	0.1707
September	0.1736	0.1706	0.1722
October	0.1725	0.1687	0.1713
November	0.1711	0.1673	0.1691
December	0.1710	0.1688	0.1698