YEARLY HIGH
0.1571 SEK
YEARLY LOW
0.1081 SEK
YEARLY AVERAGE
0.1255 SEK

2023 RUB to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1571. Conversely, the yearly low was recorded on August 12, dropping to 0.1081.

This high-to-low spread represents a total annual volatility of 0.0490 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1486 to the December average rate of 0.1125, the exchange rate registered a net change of -24.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1571 was down 20.42% compared to the 2022 peak of 0.1974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 785 SEK
2022 Average 756 SEK
Yearly Trough Low 540 SEK
Transaction Impact: A difference of 244.99 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1522
0.1089
JanuMarcMayJulySeptNove

RUB 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 0.1363, compared to 0.1147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.1363
H2 Avg (Jul–Dec) 0.1147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0157 SEK (High: 0.1571 / Low: 0.1414). On the other end, November was the most stable month, with a tight range of 0.0045 SEK (High: 0.1205 / Low: 0.1161).

January Spread (Volatile) ±0.0157
November Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0129 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1486) against the same month in 2022 (average: 0.1196), the exchange rate shifted by +0.0290 (+24.27%).

2023 Avg (January) 0.1486
2022 Avg (January) 0.1196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1571 0.1414 0.1486
February 0.1495 0.1379 0.1423
March 0.1420 0.1339 0.1377
April 0.1339 0.1256 0.1278
May 0.1374 0.1281 0.1324
June 0.1343 0.1215 0.1291
July 0.1227 0.1122 0.1162
August 0.1171 0.1081 0.1131
September 0.1171 0.1114 0.1147
October 0.1199 0.1084 0.1137
November 0.1205 0.1161 0.1179
December 0.1162 0.1085 0.1125