2024 SEK to BHD Historical Review

YEARLY HIGH

0.0375 BHD

YEARLY LOW

0.0338 BHD

YEARLY AVERAGE

0.0357 BHD

2024 SEK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0375. Conversely, the yearly low was recorded on December 25, dropping to 0.0338.

This high-to-low spread represents a total annual volatility of 0.0037 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0364 to the December average rate of 0.0343, the exchange rate registered a net change of -5.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0375 was down 1.07% compared to the 2023 peak of 0.0379, 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 188 BHD

2023 Average 178 BHD

Yearly Trough Low 169 BHD

Transaction Impact: A difference of 18.73 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0371

0.0340

JanuMarcMayJulySeptNove

SEK to BHD 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 0.0357, compared to 0.0356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0357

H2 Avg (Jul–Dec) 0.0356

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0020 BHD (High: 0.0371 / Low: 0.0351). On the other end, June was the most stable month, with a tight range of 0.0009 BHD (High: 0.0363 / Low: 0.0354).

August Spread (Volatile) ±0.0020

June Spread (Stable) ±0.0009

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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0364) against the same month in 2023 (average: 0.0363), the exchange rate shifted by +0.0002 (+0.42%).

2024 Avg (January) 0.0364

2023 Avg (January) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0375	0.0359	0.0364
February	0.0366	0.0355	0.0361
March	0.0369	0.0352	0.0361
April	0.0357	0.0342	0.0348
May	0.0358	0.0345	0.0351
June	0.0363	0.0354	0.0359
July	0.0364	0.0348	0.0354
August	0.0371	0.0351	0.0362
September	0.0374	0.0363	0.0369
October	0.0367	0.0353	0.0360
November	0.0356	0.0340	0.0346
December	0.0347	0.0338	0.0343