2024 SEK to KWD Historical Review

YEARLY HIGH

0.0306 KWD

YEARLY LOW

0.0276 KWD

YEARLY AVERAGE

0.0290 KWD

2024 SEK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0306. Conversely, the yearly low was recorded on December 25, dropping to 0.0276.

This high-to-low spread represents a total annual volatility of 0.0029 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0280, the exchange rate registered a net change of -5.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0306 was down 1.10% compared to the 2023 peak of 0.0309, 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 153 KWD

2023 Average 145 KWD

Yearly Trough Low 138 KWD

Transaction Impact: A difference of 14.65 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0300

0.0278

JanuMarcMayJulySeptNove

SEK to KWD 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 0.0292, compared to 0.0289 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) 0.0292

H2 Avg (Jul–Dec) 0.0289

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0016 KWD (High: 0.0301 / Low: 0.0285). On the other end, June was the most stable month, with a tight range of 0.0007 KWD (High: 0.0295 / Low: 0.0288).

August Spread (Volatile) ±0.0016

June Spread (Stable) ±0.0007

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 March and April, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0297) against the same month in 2023 (average: 0.0294), the exchange rate shifted by +0.0003 (+1.09%).

2024 Avg (January) 0.0297

2023 Avg (January) 0.0294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0306	0.0294	0.0297
February	0.0299	0.0290	0.0295
March	0.0301	0.0288	0.0295
April	0.0291	0.0280	0.0285
May	0.0291	0.0282	0.0286
June	0.0295	0.0288	0.0292
July	0.0296	0.0282	0.0288
August	0.0301	0.0285	0.0294
September	0.0303	0.0294	0.0299
October	0.0298	0.0287	0.0292
November	0.0289	0.0278	0.0282
December	0.0283	0.0276	0.0280