2023 FKP to SEK Historical Review

YEARLY HIGH

13.9783 SEK

YEARLY LOW

12.4553 SEK

YEARLY AVERAGE

13.1969 SEK

2023 FKP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 13.9783. Conversely, the yearly low was recorded on February 20, dropping to 12.4553.

This high-to-low spread represents a total annual volatility of 1.5230 SEK. From a start-to-finish perspective, comparing the January average rate of 12.7211 to the December average rate of 12.9734, the exchange rate registered a net change of 1.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.9783 was up 6.63% compared to the 2022 peak of 13.1094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,892 SEK

2022 Average 62,354 SEK

Yearly Trough Low 62,276 SEK

Transaction Impact: A difference of 7,615.19 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.8749

12.5001

JanuMarcMayJulySeptNove

FKP 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 12.9410, compared to 13.4527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5117 points.

H1 Avg (Jan–Jun) 12.9410

H2 Avg (Jul–Dec) 13.4527

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.6692 SEK (High: 13.4940 / Low: 12.8248). On the other end, April was the most stable month, with a tight range of 0.2295 SEK (High: 13.0255 / Low: 12.7961).

May Spread (Volatile) ±0.6692

April Spread (Stable) ±0.2295

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 September and October, when the average rate fell by 0.3232 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 13.7603) against the same month in 2022 (average: 12.4365), the exchange rate shifted by +1.3238 (+10.64%).

2023 Avg (August) 13.7603

2022 Avg (August) 12.4365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.8499	12.5865	12.7211
February	12.7809	12.4553	12.6147
March	13.0300	12.5503	12.7562
April	13.0255	12.7961	12.8781
May	13.4940	12.8248	13.0759
June	13.7716	13.4469	13.5999
July	13.9334	13.2923	13.5572
August	13.9783	13.4916	13.7603
September	13.9507	13.3189	13.7408
October	13.6170	13.2782	13.4175
November	13.5948	13.0622	13.2671
December	13.2473	12.6783	12.9734