2023 SEK to CAD Historical Review

YEARLY HIGH

0.1332 CAD

YEARLY LOW

0.1205 CAD

YEARLY AVERAGE

0.1273 CAD

2023 SEK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.1332. Conversely, the yearly low was recorded on September 19, dropping to 0.1205.

This high-to-low spread represents a total annual volatility of 0.0127 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1292 to the December average rate of 0.1309, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1332 was down 4.88% compared to the 2022 peak of 0.1400, 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 666 CAD

2022 Average 645 CAD

Yearly Trough Low 602 CAD

Transaction Impact: A difference of 63.62 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1318

0.1213

JanuMarcMayJulySeptNove

SEK to CAD 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 0.1286, compared to 0.1260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1286

H2 Avg (Jul–Dec) 0.1260

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0086 CAD (High: 0.1299 / Low: 0.1213). On the other end, October was the most stable month, with a tight range of 0.0017 CAD (High: 0.1252 / Low: 0.1235).

July Spread (Volatile) ±0.0086

October Spread (Stable) ±0.0017

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 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1304) against the same month in 2022 (average: 0.1321), the exchange rate shifted by -0.0017 (-1.28%).

2023 Avg (March) 0.1304

2022 Avg (March) 0.1321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1312	0.1269	0.1292
February	0.1307	0.1266	0.1287
March	0.1332	0.1281	0.1304
April	0.1331	0.1285	0.1306
May	0.1329	0.1251	0.1291
June	0.1247	0.1220	0.1235
July	0.1299	0.1213	0.1257
August	0.1265	0.1231	0.1245
September	0.1245	0.1205	0.1222
October	0.1252	0.1235	0.1244
November	0.1315	0.1237	0.1284
December	0.1328	0.1294	0.1309