YEARLY HIGH
5.5899 PHP
YEARLY LOW
5.0730 PHP
YEARLY AVERAGE
5.2431 PHP

2023 SEK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 5.5899. Conversely, the yearly low was recorded on July 5, dropping to 5.0730.

This high-to-low spread represents a total annual volatility of 0.5169 PHP. From a start-to-finish perspective, comparing the January average rate of 5.2870 to the December average rate of 5.4219, the exchange rate registered a net change of 2.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5.5899 was down 2.27% compared to the 2022 peak of 5.7199, 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 27,950 PHP
2022 Average 26,958 PHP
Yearly Trough Low 25,365 PHP
Transaction Impact: A difference of 2,584.67 PHP purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2023 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

5.4520
5.0900
JanuMarcMayJulySeptNove

SEK to PHP 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 5.2651, compared to 5.2211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0440 points.

H1 Avg (Jan–Jun) 5.2651
H2 Avg (Jul–Dec) 5.2211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.3174 PHP (High: 5.5899 / Low: 5.2725). On the other end, January was the most stable month, with a tight range of 0.1269 PHP (High: 5.3597 / Low: 5.2328).

December Spread (Volatile) Âą0.3174
January Spread (Stable) Âą0.1269

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1370 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 5.4219) against the same month in 2022 (average: 5.3443), the exchange rate shifted by +0.0776 (+1.45%).

2023 Avg (December) 5.4219
2022 Avg (December) 5.3443

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 5.3597 5.2328 5.2870
February 5.3276 5.0821 5.2462
March 5.2955 5.0929 5.2083
April 5.4608 5.2033 5.3403
May 5.4711 5.1689 5.3230
June 5.2609 5.1050 5.1860
July 5.3361 5.0730 5.2169
August 5.3071 5.1184 5.1975
September 5.2033 5.0733 5.1202
October 5.2236 5.0758 5.1505
November 5.3775 5.0785 5.2198
December 5.5899 5.2725 5.4219