2023 SEK to BGN Historical Review

YEARLY HIGH

0.1778 BGN

YEARLY LOW

0.1637 BGN

YEARLY AVERAGE

0.1705 BGN

2023 SEK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.1778. Conversely, the yearly low was recorded on September 13, dropping to 0.1637.

This high-to-low spread represents a total annual volatility of 0.0141 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1746 to the December average rate of 0.1749, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1778 was down 6.98% compared to the 2022 peak of 0.1912, 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 889 BGN

2022 Average 920 BGN

Yearly Trough Low 818 BGN

Transaction Impact: A difference of 70.74 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1759

0.1642

JanuMarcMayJulySeptNove

SEK to BGN 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 May, with a trading range of 0.0074 BGN (High: 0.1751 / Low: 0.1677). On the other end, January was the most stable month, with a tight range of 0.0033 BGN (High: 0.1760 / Low: 0.1727).

May Spread (Volatile) ±0.0074

January Spread (Stable) ±0.0033

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 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1749) against the same month in 2022 (average: 0.1778), the exchange rate shifted by -0.0029 (-1.66%).

2023 Avg (December) 0.1749

2022 Avg (December) 0.1778

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1760	0.1727	0.1746
February	0.1774	0.1712	0.1749
March	0.1760	0.1706	0.1738
April	0.1737	0.1704	0.1722
May	0.1751	0.1677	0.1718
June	0.1695	0.1657	0.1676
July	0.1710	0.1642	0.1681
August	0.1681	0.1638	0.1655
September	0.1694	0.1637	0.1652
October	0.1699	0.1648	0.1679
November	0.1724	0.1656	0.1694
December	0.1778	0.1721	0.1749