YEARLY HIGH
2.2364 CZK
YEARLY LOW
1.9987 CZK
YEARLY AVERAGE
2.0922 CZK

2023 SEK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.2364. Conversely, the yearly low was recorded on July 5, dropping to 1.9987.

This high-to-low spread represents a total annual volatility of 0.2378 CZK. From a start-to-finish perspective, comparing the January average rate of 2.1373 to the December average rate of 2.1898, the exchange rate registered a net change of 2.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2364 was down 7.57% compared to the 2022 peak of 2.4195, 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 11,182 CZK
2022 Average 11,556 CZK
Yearly Trough Low 9,993 CZK
Transaction Impact: A difference of 1,188.85 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2056
2.0153
JanuMarcMayJulySeptNove

SEK to CZK 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 2.0891, compared to 2.0953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 2.0891
H2 Avg (Jul–Dec) 2.0953

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1015 CZK (High: 2.1001 / Low: 1.9987). On the other end, April was the most stable month, with a tight range of 0.0440 CZK (High: 2.0856 / Low: 2.0416).

July Spread (Volatile) ±0.1015
April Spread (Stable) ±0.0440

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 0.0432 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.1898) against the same month in 2022 (average: 2.2042), the exchange rate shifted by -0.0144 (-0.65%).

2023 Avg (December) 2.1898
2022 Avg (December) 2.2042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1656 2.0987 2.1373
February 2.1474 2.0862 2.1202
March 2.1586 2.0647 2.1053
April 2.0856 2.0416 2.0663
May 2.0985 2.0320 2.0743
June 2.0675 2.0085 2.0312
July 2.1001 1.9987 2.0530
August 2.0822 2.0136 2.0410
September 2.1153 2.0250 2.0592
October 2.1453 2.0746 2.1105
November 2.1485 2.0738 2.1183
December 2.2364 2.1380 2.1898