2024 SEK to SBD Historical Review

YEARLY HIGH

0.8546 SBD

YEARLY LOW

0.7525 SBD

YEARLY AVERAGE

0.7970 SBD

2024 SEK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.8546. Conversely, the yearly low was recorded on December 25, dropping to 0.7525.

This high-to-low spread represents a total annual volatility of 0.1021 SBD. From a start-to-finish perspective, comparing the January average rate of 0.8140 to the December average rate of 0.7621, the exchange rate registered a net change of -6.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8546 was up 0.66% compared to the 2023 peak of 0.8490, 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 4,273 SBD

2023 Average 3,935 SBD

Yearly Trough Low 3,762 SBD

Transaction Impact: A difference of 510.30 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8213

0.7567

JanuMarcMayJulySeptNove

SEK to SBD 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 0.8024, compared to 0.7916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.8024

H2 Avg (Jul–Dec) 0.7916

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0635 SBD (High: 0.8546 / Low: 0.7911). On the other end, December was the most stable month, with a tight range of 0.0187 SBD (High: 0.7712 / Low: 0.7525).

March Spread (Volatile) ±0.0635

December Spread (Stable) ±0.0187

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 0.0285 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.8121) against the same month in 2023 (average: 0.7832), the exchange rate shifted by +0.0290 (+3.70%).

2024 Avg (March) 0.8121

2023 Avg (March) 0.7832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8363	0.7966	0.8140
February	0.8237	0.7945	0.8101
March	0.8546	0.7911	0.8121
April	0.8046	0.7695	0.7836
May	0.8062	0.7767	0.7895
June	0.8164	0.7941	0.8052
July	0.8158	0.7806	0.7947
August	0.8393	0.7897	0.8159
September	0.8266	0.8021	0.8159
October	0.8078	0.7800	0.7930
November	0.7849	0.7547	0.7680
December	0.7712	0.7525	0.7621