YEARLY HIGH
0.8762 SEK
YEARLY LOW
0.7151 SEK
YEARLY AVERAGE
0.7902 SEK

2023 SCR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.8762. Conversely, the yearly low was recorded on December 26, dropping to 0.7151.

This high-to-low spread represents a total annual volatility of 0.1611 SEK. From a start-to-finish perspective, comparing the January average rate of 0.7678 to the December average rate of 0.7628, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8762 was up 0.19% compared to the 2022 peak of 0.8745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,381 SEK
2022 Average 3,741 SEK
Yearly Trough Low 3,575 SEK
Transaction Impact: A difference of 805.43 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8525
0.7547
JanuMarcMayJulySeptNove

SCR 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 0.7749, compared to 0.8055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0305 points.

H1 Avg (Jan–Jun) 0.7749
H2 Avg (Jul–Dec) 0.8055

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1084 SEK (High: 0.8367 / Low: 0.7283). On the other end, August was the most stable month, with a tight range of 0.0449 SEK (High: 0.8320 / Low: 0.7871).

July Spread (Volatile) ±0.1084
August Spread (Stable) ±0.0449

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0367 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.8444) against the same month in 2022 (average: 0.8110), the exchange rate shifted by +0.0334 (+4.11%).

2023 Avg (September) 0.8444
2022 Avg (September) 0.8110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8093 0.7251 0.7678
February 0.8062 0.7321 0.7721
March 0.8217 0.7437 0.7812
April 0.7995 0.7318 0.7661
May 0.8277 0.7285 0.7768
June 0.8278 0.7517 0.7857
July 0.8367 0.7283 0.7882
August 0.8320 0.7871 0.8102
September 0.8762 0.8116 0.8444
October 0.8748 0.7908 0.8276
November 0.8415 0.7515 0.7996
December 0.8104 0.7151 0.7628