YEARLY HIGH
276.6842 CDF
YEARLY LOW
191.1044 CDF
YEARLY AVERAGE
220.0176 CDF

2023 SEK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 276.6842. Conversely, the yearly low was recorded on January 5, dropping to 191.1044.

This high-to-low spread represents a total annual volatility of 85.5798 CDF. From a start-to-finish perspective, comparing the January average rate of 197.1977 to the December average rate of 265.8866, the exchange rate registered a net change of 34.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 276.6842 was up 23.39% compared to the 2022 peak of 224.2421, 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 1,383,421 CDF
2022 Average 1,001,295 CDF
Yearly Trough Low 955,522 CDF
Transaction Impact: A difference of 427,899.06 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

272.7947
189.8969
JanuMarcMayJulySeptNove

SEK to CDF 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 203.4014, compared to 236.6337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.2323 points.

H1 Avg (Jan–Jun) 203.4014
H2 Avg (Jul–Dec) 236.6337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 36.5934 CDF (High: 259.5271 / Low: 222.9337). On the other end, February was the most stable month, with a tight range of 7.2152 CDF (High: 201.0891 / Low: 193.8740).

November Spread (Volatile) ±36.5934
February Spread (Stable) ±7.2152

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 6.0723 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.0723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 265.8866) against the same month in 2022 (average: 196.8223), the exchange rate shifted by +69.0643 (+35.09%).

2023 Avg (December) 265.8866
2022 Avg (December) 196.8223

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 201.3959 191.1044 197.1977
February 201.0891 193.8740 197.2587
March 202.4088 192.4477 196.8050
April 212.1253 195.6094 201.1583
May 220.1943 196.0954 208.6585
June 223.2743 213.1798 219.3303
July 245.0797 222.0891 234.6681
August 234.7086 223.4454 228.5959
September 228.3009 220.3247 223.9270
October 233.2615 223.9537 228.4132
November 259.5271 222.9337 238.3116
December 276.6842 254.9144 265.8866