2023 SEK to AED Historical Review

YEARLY HIGH

0.3694 AED

YEARLY LOW

0.3271 AED

YEARLY AVERAGE

0.3464 AED

2023 SEK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.3694. Conversely, the yearly low was recorded on October 28, dropping to 0.3271.

This high-to-low spread represents a total annual volatility of 0.0423 AED. From a start-to-finish perspective, comparing the January average rate of 0.3535 to the December average rate of 0.3586, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3694 was down 10.17% compared to the 2022 peak of 0.4112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,847 AED

2022 Average 1,822 AED

Yearly Trough Low 1,636 AED

Transaction Impact: A difference of 211.41 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3614

0.3284

JanuMarcMayJulySeptNove

SEK to AED 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 0.3502, compared to 0.3425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.3502

H2 Avg (Jul–Dec) 0.3425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0269 AED (High: 0.3560 / Low: 0.3291). On the other end, September was the most stable month, with a tight range of 0.0081 AED (High: 0.3364 / Low: 0.3282).

November Spread (Volatile) ±0.0269

September Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0100 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3586) against the same month in 2022 (average: 0.3534), the exchange rate shifted by +0.0053 (+1.49%).

2023 Avg (December) 0.3586

2022 Avg (December) 0.3534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3602	0.3437	0.3535
February	0.3562	0.3460	0.3513
March	0.3565	0.3423	0.3495
April	0.3585	0.3494	0.3549
May	0.3619	0.3380	0.3505
June	0.3463	0.3365	0.3413
July	0.3607	0.3354	0.3490
August	0.3475	0.3323	0.3391
September	0.3364	0.3282	0.3311
October	0.3378	0.3271	0.3332
November	0.3560	0.3291	0.3441
December	0.3694	0.3501	0.3586