2023 JPY to SEK Historical Review

YEARLY HIGH

0.0815 SEK

YEARLY LOW

0.0697 SEK

YEARLY AVERAGE

0.0756 SEK

2023 JPY to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0815. Conversely, the yearly low was recorded on November 15, dropping to 0.0697.

This high-to-low spread represents a total annual volatility of 0.0118 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0798 to the December average rate of 0.0713, the exchange rate registered a net change of -10.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0815 was down 5.80% compared to the 2022 peak of 0.0865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 40,752 SEK

2022 Average 38,566 SEK

Yearly Trough Low 34,846 SEK

Transaction Impact: A difference of 5,906.74 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0807

0.0704

JanuMarcMayJulySeptNove

JPY 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 0.0778, compared to 0.0735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.0778

H2 Avg (Jul–Dec) 0.0735

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0049 SEK (High: 0.0815 / Low: 0.0766). On the other end, August was the most stable month, with a tight range of 0.0016 SEK (High: 0.0755 / Low: 0.0739).

March Spread (Volatile) ±0.0049

August Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0787) against the same month in 2022 (average: 0.0808), the exchange rate shifted by -0.0021 (-2.63%).

2023 Avg (March) 0.0787

2022 Avg (March) 0.0808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0813	0.0784	0.0798
February	0.0807	0.0762	0.0785
March	0.0815	0.0766	0.0787
April	0.0795	0.0752	0.0775
May	0.0779	0.0751	0.0764
June	0.0782	0.0746	0.0762
July	0.0762	0.0733	0.0746
August	0.0755	0.0739	0.0748
September	0.0759	0.0731	0.0750
October	0.0750	0.0729	0.0737
November	0.0741	0.0697	0.0713
December	0.0723	0.0702	0.0713