2023 EUR to SEK Historical Review

YEARLY HIGH

11.9509 SEK

YEARLY LOW

11.0151 SEK

YEARLY AVERAGE

11.4829 SEK

2023 EUR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 11.9509. Conversely, the yearly low was recorded on December 25, dropping to 11.0151.

This high-to-low spread represents a total annual volatility of 0.9358 SEK. From a start-to-finish perspective, comparing the January average rate of 11.2083 to the December average rate of 11.1874, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.9509 was up 6.37% compared to the 2022 peak of 11.2348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,754 SEK

2022 Average 53,175 SEK

Yearly Trough Low 55,076 SEK

Transaction Impact: A difference of 4,678.87 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.9110

11.1216

JanuMarcMayJulySeptNove

EUR 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 11.3502, compared to 11.6155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2653 points.

H1 Avg (Jan–Jun) 11.3502

H2 Avg (Jul–Dec) 11.6155

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.4856 SEK (High: 11.6617 / Low: 11.1761). On the other end, January was the most stable month, with a tight range of 0.2233 SEK (High: 11.3384 / Low: 11.1152).

May Spread (Volatile) ±0.4856

January Spread (Stable) ±0.2233

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3648 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 11.8452) against the same month in 2022 (average: 10.7739), the exchange rate shifted by +1.0713 (+9.94%).

2023 Avg (September) 11.8452

2022 Avg (September) 10.7739

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3384	11.1152	11.2083
February	11.4040	11.0216	11.1910
March	11.4841	11.1163	11.2603
April	11.5157	11.2608	11.3705
May	11.6617	11.1761	11.4012
June	11.8056	11.5335	11.6700
July	11.9070	11.4510	11.6402
August	11.9399	11.6357	11.8194
September	11.9509	11.5406	11.8452
October	11.8680	11.5133	11.6486
November	11.8148	11.3512	11.5521
December	11.3629	11.0151	11.1874