2023 SEK to BAM Historical Review

YEARLY HIGH

0.1782 BAM

YEARLY LOW

0.1628 BAM

YEARLY AVERAGE

0.1705 BAM

2023 SEK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.1782. Conversely, the yearly low was recorded on September 14, dropping to 0.1628.

This high-to-low spread represents a total annual volatility of 0.0155 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1749 to the December average rate of 0.1750, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1782 was down 7.34% compared to the 2022 peak of 0.1924, 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 891 BAM

2022 Average 920 BAM

Yearly Trough Low 814 BAM

Transaction Impact: A difference of 77.27 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1760

0.1639

JanuMarcMayJulySeptNove

SEK to BAM 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 0.1725, compared to 0.1685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1725

H2 Avg (Jul–Dec) 0.1685

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0084 BAM (High: 0.1782 / Low: 0.1698). On the other end, April was the most stable month, with a tight range of 0.0046 BAM (High: 0.1745 / Low: 0.1699).

February Spread (Volatile) ±0.0084

April Spread (Stable) ±0.0046

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 May and June, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1746) against the same month in 2022 (average: 0.1851), the exchange rate shifted by -0.0105 (-5.67%).

2023 Avg (February) 0.1746

2022 Avg (February) 0.1851

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1774	0.1725	0.1749
February	0.1782	0.1698	0.1746
March	0.1763	0.1705	0.1739
April	0.1745	0.1699	0.1722
May	0.1748	0.1677	0.1716
June	0.1702	0.1647	0.1677
July	0.1715	0.1641	0.1680
August	0.1689	0.1637	0.1654
September	0.1699	0.1628	0.1649
October	0.1700	0.1642	0.1679
November	0.1730	0.1652	0.1695
December	0.1779	0.1721	0.1750