YEARLY HIGH
0.5182 BRL
YEARLY LOW
0.4352 BRL
YEARLY AVERAGE
0.4711 BRL

2023 SEK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5182. Conversely, the yearly low was recorded on September 14, dropping to 0.4352.

This high-to-low spread represents a total annual volatility of 0.0830 BRL. From a start-to-finish perspective, comparing the January average rate of 0.4993 to the December average rate of 0.4782, the exchange rate registered a net change of -4.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5182 was down 17.29% compared to the 2022 peak of 0.6265, 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 2,591 BRL
2022 Average 2,560 BRL
Yearly Trough Low 2,176 BRL
Transaction Impact: A difference of 415.01 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5046
0.4406
JanuMarcMayJulySeptNove

SEK to BRL 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 0.4835, compared to 0.4586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 0.4835
H2 Avg (Jul–Dec) 0.4586

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0330 BRL (High: 0.5128 / Low: 0.4798). On the other end, April was the most stable month, with a tight range of 0.0186 BRL (High: 0.4936 / Low: 0.4750).

March Spread (Volatile) ±0.0330
April Spread (Stable) ±0.0186

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0241 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4993) against the same month in 2022 (average: 0.6037), the exchange rate shifted by -0.1044 (-17.30%).

2023 Avg (January) 0.4993
2022 Avg (January) 0.6037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5182 0.4860 0.4993
February 0.5115 0.4849 0.4954
March 0.5128 0.4798 0.4959
April 0.4936 0.4750 0.4847
May 0.4925 0.4619 0.4750
June 0.4639 0.4438 0.4509
July 0.4713 0.4427 0.4560
August 0.4626 0.4409 0.4531
September 0.4609 0.4352 0.4459
October 0.4699 0.4466 0.4592
November 0.4736 0.4440 0.4591
December 0.4894 0.4679 0.4782