YEARLY HIGH
0.2029 BZD
YEARLY LOW
0.1791 BZD
YEARLY AVERAGE
0.1900 BZD

2023 SEK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2029. Conversely, the yearly low was recorded on October 28, dropping to 0.1791.

This high-to-low spread represents a total annual volatility of 0.0238 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1940 to the December average rate of 0.1971, 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 0.2029 was down 10.12% compared to the 2022 peak of 0.2258, 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 1,015 BZD
2022 Average 1,000 BZD
Yearly Trough Low 896 BZD
Transaction Impact: A difference of 118.93 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1986
0.1802
JanuMarcMayJulySeptNove

SEK to BZD 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 0.1921, compared to 0.1879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1921
H2 Avg (Jul–Dec) 0.1879

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0148 BZD (High: 0.1953 / Low: 0.1805). On the other end, September was the most stable month, with a tight range of 0.0049 BZD (High: 0.1850 / Low: 0.1801).

November Spread (Volatile) ±0.0148
September Spread (Stable) ±0.0049

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 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1971) against the same month in 2022 (average: 0.1940), the exchange rate shifted by +0.0031 (+1.58%).

2023 Avg (December) 0.1971
2022 Avg (December) 0.1940

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1977 0.1887 0.1940
February 0.1954 0.1898 0.1928
March 0.1946 0.1868 0.1914
April 0.1964 0.1912 0.1946
May 0.1986 0.1855 0.1923
June 0.1902 0.1848 0.1873
July 0.1978 0.1840 0.1913
August 0.1908 0.1823 0.1861
September 0.1850 0.1801 0.1817
October 0.1855 0.1791 0.1827
November 0.1953 0.1805 0.1886
December 0.2029 0.1922 0.1971