YEARLY HIGH
2249.3327 STD
YEARLY LOW
1984.5347 STD
YEARLY AVERAGE
2130.8577 STD

2023 SEK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 2249.3327. Conversely, the yearly low was recorded on October 28, dropping to 1984.5347.

This high-to-low spread represents a total annual volatility of 264.7980 STD. From a start-to-finish perspective, comparing the January average rate of 2196.8366 to the December average rate of 2175.9630, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2249.3327 was down 5.65% compared to the 2022 peak of 2384.0832, 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 11,246,664 STD
2022 Average 10,979,553 STD
Yearly Trough Low 9,922,674 STD
Transaction Impact: A difference of 1,323,990.15 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2225.5723
1989.1489
JanuMarcMayJulySeptNove

SEK to STD 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 2176.2115, compared to 2085.5039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 90.7076 points.

H1 Avg (Jan–Jun) 2176.2115
H2 Avg (Jul–Dec) 2085.5039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 163.5820 STD (High: 2160.0750 / Low: 1996.4930). On the other end, September was the most stable month, with a tight range of 49.3177 STD (High: 2040.4952 / Low: 1991.1775).

November Spread (Volatile) ±163.5820
September Spread (Stable) ±49.3177

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 July and August, when the average rate fell by 105.3555 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -105.3555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 2178.6614) against the same month in 2022 (average: 2244.1809), the exchange rate shifted by -65.5195 (-2.92%).

2023 Avg (May) 2178.6614
2022 Avg (May) 2244.1809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2238.0880 2135.5091 2196.8366
February 2213.1910 2150.1939 2182.8702
March 2215.6723 2126.8531 2172.1109
April 2228.2960 2171.2115 2205.8703
May 2249.3327 2100.3621 2178.6614
June 2152.2321 2090.8477 2120.9197
July 2241.0481 2083.9830 2162.3429
August 2107.9270 2015.9690 2056.9874
September 2040.4952 1991.1775 2008.8509
October 2049.1433 1984.5347 2021.1978
November 2160.0750 1996.4930 2087.6815
December 2241.2239 2124.0256 2175.9630