2023 DJF to SEK Historical Review

YEARLY HIGH

0.0632 SEK

YEARLY LOW

0.0559 SEK

YEARLY AVERAGE

0.0597 SEK

2023 DJF to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0632. Conversely, the yearly low was recorded on December 27, dropping to 0.0559.

This high-to-low spread represents a total annual volatility of 0.0073 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0585 to the December average rate of 0.0575, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0632 was down 1.09% compared to the 2022 peak of 0.0639, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 316 SEK

2022 Average 284 SEK

Yearly Trough Low 279 SEK

Transaction Impact: A difference of 36.67 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0628

0.0570

JanuMarcMayJulySeptNove

DJF 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 0.0590, compared to 0.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0590

H2 Avg (Jul–Dec) 0.0603

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0046 SEK (High: 0.0627 / Low: 0.0580). On the other end, April was the most stable month, with a tight range of 0.0016 SEK (High: 0.0592 / Low: 0.0576).

November Spread (Volatile) ±0.0046

April Spread (Stable) ±0.0016

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 0.0026 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0620) against the same month in 2022 (average: 0.0626), the exchange rate shifted by -0.0006 (-0.99%).

2023 Avg (October) 0.0620

2022 Avg (October) 0.0626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0602	0.0574	0.0585
February	0.0597	0.0580	0.0587
March	0.0606	0.0579	0.0592
April	0.0592	0.0576	0.0583
May	0.0611	0.0571	0.0589
June	0.0614	0.0596	0.0605
July	0.0616	0.0573	0.0593
August	0.0622	0.0594	0.0609
September	0.0630	0.0612	0.0623
October	0.0632	0.0612	0.0620
November	0.0627	0.0580	0.0601
December	0.0590	0.0559	0.0575