2024 SEK to QAR Historical Review

YEARLY HIGH

0.3629 QAR

YEARLY LOW

0.3259 QAR

YEARLY AVERAGE

0.3447 QAR

2024 SEK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3629. Conversely, the yearly low was recorded on December 25, dropping to 0.3259.

This high-to-low spread represents a total annual volatility of 0.0370 QAR. From a start-to-finish perspective, comparing the January average rate of 0.3522 to the December average rate of 0.3313, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3629 was down 0.89% compared to the 2023 peak of 0.3662, 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 1,815 QAR

2023 Average 1,718 QAR

Yearly Trough Low 1,630 QAR

Transaction Impact: A difference of 184.98 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3589

0.3288

JanuMarcMayJulySeptNove

SEK to QAR 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 0.3455, compared to 0.3439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.3455

H2 Avg (Jul–Dec) 0.3439

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0193 QAR (High: 0.3587 / Low: 0.3394). On the other end, June was the most stable month, with a tight range of 0.0085 QAR (High: 0.3507 / Low: 0.3422).

August Spread (Volatile) ±0.0193

June Spread (Stable) ±0.0085

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 0.0133 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3522) against the same month in 2023 (average: 0.3507), the exchange rate shifted by +0.0014 (+0.41%).

2024 Avg (January) 0.3522

2023 Avg (January) 0.3507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3629	0.3474	0.3522
February	0.3541	0.3440	0.3492
March	0.3566	0.3403	0.3493
April	0.3453	0.3307	0.3366
May	0.3458	0.3335	0.3390
June	0.3507	0.3422	0.3467
July	0.3521	0.3366	0.3427
August	0.3587	0.3394	0.3501
September	0.3612	0.3504	0.3564
October	0.3548	0.3411	0.3480
November	0.3435	0.3290	0.3346
December	0.3356	0.3259	0.3313