2023 SEK to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SEK to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SEK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 56.7784. Conversely, the yearly low was recorded on October 28, dropping to 47.1867.
This high-to-low spread represents a total annual volatility of 9.5917 CRC. From a start-to-finish perspective, comparing the January average rate of 55.3108 to the December average rate of 51.2815, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 56.7784 was down 20.72% compared to the 2022 peak of 71.6132, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SEK to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 52.4214, compared to 49.7557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6657 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 4.0233 CRC (High: 53.5579 / Low: 49.5346). On the other end, April was the most stable month, with a tight range of 1.7981 CRC (High: 52.8215 / Low: 51.0234).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.1259 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 55.3108) against the same month in 2022 (average: 69.8192), the exchange rate shifted by -14.5084 (-20.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.7784 | 52.9042 | 55.3108 |
| February | 56.2410 | 53.1059 | 54.0490 |
| March | 53.5045 | 50.3208 | 51.9232 |
| April | 52.8215 | 51.0234 | 51.7626 |
| May | 53.5579 | 49.5346 | 51.3063 |
| June | 51.0952 | 49.2800 | 50.1766 |
| July | 53.4111 | 49.5298 | 51.3301 |
| August | 51.5593 | 48.5157 | 49.6879 |
| September | 49.2881 | 47.3897 | 48.2853 |
| October | 49.2381 | 47.1867 | 48.2486 |
| November | 51.3215 | 47.5505 | 49.7007 |
| December | 52.3749 | 50.2737 | 51.2815 |