2023 SEK to BBD Historical Review

YEARLY HIGH

0.2012 BBD

YEARLY LOW

0.1781 BBD

YEARLY AVERAGE

0.1886 BBD

2023 SEK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2012. Conversely, the yearly low was recorded on October 28, dropping to 0.1781.

This high-to-low spread represents a total annual volatility of 0.0230 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1925 to the December average rate of 0.1953, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2012 was down 10.16% compared to the 2022 peak of 0.2239, 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 1,006 BBD

2022 Average 992 BBD

Yearly Trough Low 891 BBD

Transaction Impact: A difference of 115.20 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1968

0.1788

JanuMarcMayJulySeptNove

SEK to BBD 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 0.1907, compared to 0.1865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1907

H2 Avg (Jul–Dec) 0.1865

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0147 BBD (High: 0.1939 / Low: 0.1792). On the other end, September was the most stable month, with a tight range of 0.0044 BBD (High: 0.1832 / Low: 0.1787).

November Spread (Volatile) ±0.0147

September Spread (Stable) ±0.0044

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 0.0054 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1953) against the same month in 2022 (average: 0.1924), the exchange rate shifted by +0.0029 (+1.50%).

2023 Avg (December) 0.1953

2022 Avg (December) 0.1924

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1961	0.1871	0.1925
February	0.1939	0.1884	0.1913
March	0.1942	0.1864	0.1903
April	0.1953	0.1903	0.1933
May	0.1971	0.1840	0.1909
June	0.1886	0.1832	0.1859
July	0.1964	0.1826	0.1901
August	0.1892	0.1810	0.1846
September	0.1832	0.1787	0.1803
October	0.1839	0.1781	0.1814
November	0.1939	0.1792	0.1874
December	0.2012	0.1907	0.1953