YEARLY HIGH
0.0246 SEK
YEARLY LOW
0.0217 SEK
YEARLY AVERAGE
0.0233 SEK

2023 KZT to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 0.0246. Conversely, the yearly low was recorded on December 26, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0028 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0225 to the December average rate of 0.0223, the exchange rate registered a net change of -0.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0246 was up 1.85% compared to the 2022 peak of 0.0241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123 SEK
2022 Average 110 SEK
Yearly Trough Low 109 SEK
Transaction Impact: A difference of 14.13 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0242
0.0221
JanuMarcMayJulySeptNove

KZT 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 0.0232, compared to 0.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0232
H2 Avg (Jul–Dec) 0.0233

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0023 SEK (High: 0.0245 / Low: 0.0222). On the other end, August was the most stable month, with a tight range of 0.0008 SEK (High: 0.0242 / Low: 0.0234).

March Spread (Volatile) ±0.0023
August Spread (Stable) ±0.0008

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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0237) against the same month in 2022 (average: 0.0218), the exchange rate shifted by +0.0019 (+8.49%).

2023 Avg (July) 0.0237
2022 Avg (July) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0221 0.0225
February 0.0235 0.0224 0.0232
March 0.0245 0.0222 0.0233
April 0.0236 0.0225 0.0229
May 0.0244 0.0229 0.0235
June 0.0245 0.0234 0.0240
July 0.0246 0.0229 0.0237
August 0.0242 0.0234 0.0239
September 0.0241 0.0228 0.0237
October 0.0238 0.0228 0.0231
November 0.0238 0.0224 0.0231
December 0.0228 0.0217 0.0223