YEARLY HIGH
0.0597 SEK
YEARLY LOW
0.0123 SEK
YEARLY AVERAGE
0.0405 SEK

2023 ARS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0597. Conversely, the yearly low was recorded on December 27, dropping to 0.0123.

This high-to-low spread represents a total annual volatility of 0.0474 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0571 to the December average rate of 0.0189, the exchange rate registered a net change of -66.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0597 was down 35.11% compared to the 2022 peak of 0.0921, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 299 SEK
2022 Average 394 SEK
Yearly Trough Low 62 SEK
Transaction Impact: A difference of 237.08 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0609
0.0150
JanuMarcMayJulySeptNove

ARS to SEK 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 0.0501, compared to 0.0310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.0501
H2 Avg (Jul–Dec) 0.0310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0166 SEK (High: 0.0289 / Low: 0.0123). On the other end, September was the most stable month, with a tight range of 0.0008 SEK (High: 0.0320 / Low: 0.0312).

December Spread (Volatile) ±0.0166
September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0114 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0571) against the same month in 2022 (average: 0.0881), the exchange rate shifted by -0.0310 (-35.18%).

2023 Avg (January) 0.0571
2022 Avg (January) 0.0881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0597 0.0551 0.0571
February 0.0562 0.0528 0.0545
March 0.0537 0.0497 0.0519
April 0.0499 0.0463 0.0481
May 0.0465 0.0447 0.0454
June 0.0450 0.0420 0.0434
July 0.0423 0.0382 0.0397
August 0.0386 0.0309 0.0340
September 0.0320 0.0312 0.0317
October 0.0321 0.0311 0.0315
November 0.0319 0.0287 0.0302
December 0.0289 0.0123 0.0189