YEARLY HIGH
0.6878 BOB
YEARLY LOW
0.6193 BOB
YEARLY AVERAGE
0.6540 BOB

2024 SEK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6878. Conversely, the yearly low was recorded on December 25, dropping to 0.6193.

This high-to-low spread represents a total annual volatility of 0.0686 BOB. From a start-to-finish perspective, comparing the January average rate of 0.6678 to the December average rate of 0.6285, 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 0.6878 was down 1.12% compared to the 2023 peak of 0.6956, 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 3,439 BOB
2023 Average 3,257 BOB
Yearly Trough Low 3,096 BOB
Transaction Impact: A difference of 342.84 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6811
0.6237
JanuMarcMayJulySeptNove

SEK to BOB 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 0.6555, compared to 0.6525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.6555
H2 Avg (Jul–Dec) 0.6525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0373 BOB (High: 0.6805 / Low: 0.6433). On the other end, June was the most stable month, with a tight range of 0.0169 BOB (High: 0.6653 / Low: 0.6484).

August Spread (Volatile) ±0.0373
June Spread (Stable) ±0.0169

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 0.0249 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6678) against the same month in 2023 (average: 0.6651), the exchange rate shifted by +0.0027 (+0.41%).

2024 Avg (January) 0.6678
2023 Avg (January) 0.6651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6878 0.6589 0.6678
February 0.6720 0.6523 0.6624
March 0.6783 0.6456 0.6628
April 0.6549 0.6274 0.6396
May 0.6573 0.6326 0.6429
June 0.6653 0.6484 0.6576
July 0.6673 0.6378 0.6498
August 0.6805 0.6433 0.6645
September 0.6856 0.6648 0.6764
October 0.6729 0.6476 0.6605
November 0.6534 0.6241 0.6356
December 0.6372 0.6193 0.6285