2023 SEK to BIF Historical Review

YEARLY HIGH

286.7423 BIF

YEARLY LOW

192.7222 BIF

YEARLY AVERAGE

239.5587 BIF

2023 SEK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 286.7423. Conversely, the yearly low was recorded on March 18, dropping to 192.7222.

This high-to-low spread represents a total annual volatility of 94.0202 BIF. From a start-to-finish perspective, comparing the January average rate of 199.1363 to the December average rate of 278.3971, the exchange rate registered a net change of 39.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 286.7423 was up 28.02% compared to the 2022 peak of 223.9894, 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 1,433,712 BIF

2022 Average 1,012,290 BIF

Yearly Trough Low 963,611 BIF

Transaction Impact: A difference of 470,100.78 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

286.4774

189.5130

JanuMarcMayJulySeptNove

SEK to BIF 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 214.4306, compared to 264.6867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 50.2560 points.

H1 Avg (Jan–Jun) 214.4306

H2 Avg (Jul–Dec) 264.6867

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 70.5729 BIF (High: 267.7875 / Low: 197.2145). On the other end, April was the most stable month, with a tight range of 5.4502 BIF (High: 203.1609 / Low: 197.7108).

May Spread (Volatile) ±70.5729

April Spread (Stable) ±5.4502

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 7.2563 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.2563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 278.3971) against the same month in 2022 (average: 198.8920), the exchange rate shifted by +79.5051 (+39.97%).

2023 Avg (December) 278.3971

2022 Avg (December) 198.8920

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	202.9195	193.6053	199.1363
February	201.1017	195.1923	198.2806
March	201.9125	192.7222	197.5934
April	203.1609	197.7108	200.9602
May	267.7875	197.2145	227.7023
June	267.0294	258.8589	262.9109
July	278.3637	258.7491	268.8891
August	268.0125	256.5428	261.6328
September	260.6275	253.4988	255.6772
October	261.2057	252.3166	257.4640
November	275.8472	254.3323	266.0598
December	286.7423	271.4982	278.3971