YEARLY HIGH
2.6746 SEK
YEARLY LOW
2.3251 SEK
YEARLY AVERAGE
2.5300 SEK

2023 PLN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 2.6746. Conversely, the yearly low was recorded on February 13, dropping to 2.3251.

This high-to-low spread represents a total annual volatility of 0.3495 SEK. From a start-to-finish perspective, comparing the January average rate of 2.3973 to the December average rate of 2.5824, the exchange rate registered a net change of 7.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6746 was up 11.01% compared to the 2022 peak of 2.4094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 53,492 SEK
2022 Average 45,405 SEK
Yearly Trough Low 46,502 SEK
Transaction Impact: A difference of 6,989.87 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6801
2.3298
JanuMarcMayJulySeptNove

PLN 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 2.4542, compared to 2.6058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1516 points.

H1 Avg (Jan–Jun) 2.4542
H2 Avg (Jul–Dec) 2.6058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.1751 SEK (High: 2.6631 / Low: 2.4880). On the other end, November was the most stable month, with a tight range of 0.0485 SEK (High: 2.6534 / Low: 2.6049).

September Spread (Volatile) ±0.1751
November Spread (Stable) ±0.0485

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0761 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.6509) against the same month in 2022 (average: 2.2307), the exchange rate shifted by +0.4202 (+18.84%).

2023 Avg (August) 2.6509
2022 Avg (August) 2.2307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4882 2.3582 2.3973
February 2.4177 2.3251 2.3590
March 2.4455 2.3622 2.3985
April 2.4854 2.4046 2.4456
May 2.5776 2.4433 2.5081
June 2.6568 2.5707 2.6166
July 2.6675 2.5671 2.6192
August 2.6746 2.6148 2.6509
September 2.6631 2.4880 2.5748
October 2.6595 2.4986 2.5830
November 2.6534 2.6049 2.6243
December 2.6251 2.5382 2.5824