2024 SEK to MAD Historical Review

YEARLY HIGH

0.9852 MAD

YEARLY LOW

0.8969 MAD

YEARLY AVERAGE

0.9402 MAD

2024 SEK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9852. Conversely, the yearly low was recorded on December 18, dropping to 0.8969.

This high-to-low spread represents a total annual volatility of 0.0884 MAD. From a start-to-finish perspective, comparing the January average rate of 0.9619 to the December average rate of 0.9110, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9852 was down 1.70% compared to the 2023 peak of 1.0023, 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 4,926 MAD

2023 Average 4,772 MAD

Yearly Trough Low 4,484 MAD

Transaction Impact: A difference of 441.77 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9698

0.9057

JanuMarcMayJulySeptNove

SEK to MAD 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 0.9499, compared to 0.9305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.9499

H2 Avg (Jul–Dec) 0.9305

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0457 MAD (High: 0.9852 / Low: 0.9395). On the other end, December was the most stable month, with a tight range of 0.0216 MAD (High: 0.9185 / Low: 0.8969).

January Spread (Volatile) ±0.0457

December Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between January and March, 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 0.0316 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.9619) against the same month in 2023 (average: 0.9848), the exchange rate shifted by -0.0229 (-2.32%).

2024 Avg (January) 0.9619

2023 Avg (January) 0.9848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9852	0.9395	0.9619
February	0.9789	0.9495	0.9638
March	0.9810	0.9439	0.9645
April	0.9506	0.9181	0.9328
May	0.9457	0.9190	0.9295
June	0.9583	0.9352	0.9471
July	0.9531	0.9087	0.9274
August	0.9516	0.9253	0.9384
September	0.9614	0.9378	0.9516
October	0.9501	0.9231	0.9402
November	0.9272	0.9038	0.9144
December	0.9185	0.8969	0.9110