2023 CVE to SEK Historical Review

YEARLY HIGH

0.1090 SEK

YEARLY LOW

0.0991 SEK

YEARLY AVERAGE

0.1039 SEK

2023 CVE to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.1090. Conversely, the yearly low was recorded on December 14, dropping to 0.0991.

This high-to-low spread represents a total annual volatility of 0.0098 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1014 to the December average rate of 0.1012, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1090 was up 4.37% compared to the 2022 peak of 0.1044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 545 SEK

2022 Average 481 SEK

Yearly Trough Low 496 SEK

Transaction Impact: A difference of 49.23 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1080

0.1006

JanuMarcMayJulySeptNove

CVE 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 0.1027, compared to 0.1052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1027

H2 Avg (Jul–Dec) 0.1052

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0053 SEK (High: 0.1073 / Low: 0.1020). On the other end, January was the most stable month, with a tight range of 0.0023 SEK (High: 0.1025 / Low: 0.1003).

June Spread (Volatile) ±0.0053

January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0032 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1074) against the same month in 2022 (average: 0.0978), the exchange rate shifted by +0.0096 (+9.83%).

2023 Avg (September) 0.1074

2022 Avg (September) 0.0978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1025	0.1003	0.1014
February	0.1045	0.0995	0.1015
March	0.1040	0.1002	0.1020
April	0.1042	0.1016	0.1028
May	0.1055	0.1011	0.1031
June	0.1073	0.1020	0.1055
July	0.1081	0.1030	0.1054
August	0.1084	0.1050	0.1071
September	0.1090	0.1043	0.1074
October	0.1077	0.1043	0.1055
November	0.1074	0.1025	0.1044
December	0.1032	0.0991	0.1012