2023 BMD to SEK Historical Review

YEARLY HIGH

11.2277 SEK

YEARLY LOW

9.9418 SEK

YEARLY AVERAGE

10.6124 SEK

2023 BMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 11.2277. Conversely, the yearly low was recorded on December 27, dropping to 9.9418.

This high-to-low spread represents a total annual volatility of 1.2859 SEK. From a start-to-finish perspective, comparing the January average rate of 10.3906 to the December average rate of 10.2434, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.2277 was down 1.26% compared to the 2022 peak of 11.3715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,139 SEK

2022 Average 50,600 SEK

Yearly Trough Low 49,709 SEK

Transaction Impact: A difference of 6,429.60 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.1772

10.1585

JanuMarcMayJulySeptNove

BMD 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 10.4913, compared to 10.7336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2423 points.

H1 Avg (Jan–Jun) 10.4913

H2 Avg (Jul–Dec) 10.7336

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.8452 SEK (High: 11.1605 / Low: 10.3153). On the other end, April was the most stable month, with a tight range of 0.2693 SEK (High: 10.5121 / Low: 10.2428).

November Spread (Volatile) ±0.8452

April Spread (Stable) ±0.2693

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 November and December, when the average rate fell by 0.4349 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.0249) against the same month in 2022 (average: 11.1323), the exchange rate shifted by -0.1074 (-0.96%).

2023 Avg (October) 11.0249

2022 Avg (October) 11.1323

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6878	10.1980	10.3906
February	10.6149	10.3127	10.4565
March	10.7313	10.3012	10.5095
April	10.5121	10.2428	10.3475
May	10.8667	10.1470	10.4816
June	10.9161	10.6048	10.7619
July	10.9521	10.1845	10.5284
August	11.0526	10.5705	10.8344
September	11.1903	10.9198	11.0923
October	11.2277	10.8737	11.0249
November	11.1605	10.3153	10.6782
December	10.4904	9.9418	10.2434