2023 SEK to BOB Historical Review

YEARLY HIGH

0.6956 BOB

YEARLY LOW

0.6141 BOB

YEARLY AVERAGE

0.6514 BOB

2023 SEK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.6956. Conversely, the yearly low was recorded on October 28, dropping to 0.6141.

This high-to-low spread represents a total annual volatility of 0.0816 BOB. From a start-to-finish perspective, comparing the January average rate of 0.6651 to the December average rate of 0.6756, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6956 was down 9.93% compared to the 2022 peak of 0.7723, 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 3,478 BOB

2022 Average 3,418 BOB

Yearly Trough Low 3,070 BOB

Transaction Impact: A difference of 407.75 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6808

0.6176

JanuMarcMayJulySeptNove

SEK to BOB 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 0.6586, compared to 0.6442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.6586

H2 Avg (Jul–Dec) 0.6442

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0506 BOB (High: 0.6694 / Low: 0.6188). On the other end, September was the most stable month, with a tight range of 0.0167 BOB (High: 0.6342 / Low: 0.6175).

November Spread (Volatile) ±0.0506

September Spread (Stable) ±0.0167

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 0.0181 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6756) against the same month in 2022 (average: 0.6651), the exchange rate shifted by +0.0104 (+1.57%).

2023 Avg (December) 0.6756

2022 Avg (December) 0.6651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6776	0.6469	0.6651
February	0.6700	0.6507	0.6609
March	0.6728	0.6403	0.6567
April	0.6733	0.6556	0.6677
May	0.6808	0.6358	0.6593
June	0.6520	0.6335	0.6420
July	0.6780	0.6307	0.6560
August	0.6540	0.6250	0.6379
September	0.6342	0.6175	0.6228
October	0.6358	0.6141	0.6264
November	0.6694	0.6188	0.6467
December	0.6956	0.6590	0.6756