2023 SEK to DJF Historical Review

YEARLY HIGH

17.9004 DJF

YEARLY LOW

15.8229 DJF

YEARLY AVERAGE

16.7706 DJF

2023 SEK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 17.9004. Conversely, the yearly low was recorded on October 28, dropping to 15.8229.

This high-to-low spread represents a total annual volatility of 2.0775 DJF. From a start-to-finish perspective, comparing the January average rate of 17.1086 to the December average rate of 17.3922, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.9004 was down 10.19% compared to the 2022 peak of 19.9307, 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 89,502 DJF

2022 Average 88,290 DJF

Yearly Trough Low 79,114 DJF

Transaction Impact: A difference of 10,387.68 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.5265

15.9150

JanuMarcMayJulySeptNove

SEK to DJF 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 16.9533, compared to 16.5878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3655 points.

H1 Avg (Jan–Jun) 16.9533

H2 Avg (Jul–Dec) 16.5878

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.2783 DJF (High: 17.2330 / Low: 15.9547). On the other end, September was the most stable month, with a tight range of 0.4610 DJF (High: 16.3465 / Low: 15.8855).

November Spread (Volatile) ±1.2783

September Spread (Stable) ±0.4610

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 0.4603 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 17.3922) against the same month in 2022 (average: 17.1140), the exchange rate shifted by +0.2782 (+1.63%).

2023 Avg (December) 17.3922

2022 Avg (December) 17.1140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.4311	16.6077	17.1086
February	17.2328	16.7466	17.0222
March	17.2629	16.4998	16.9070
April	17.3491	16.8847	17.1674
May	17.5252	16.3585	16.9767
June	16.7822	16.2935	16.5381
July	17.4606	16.2400	16.8839
August	16.8462	16.0892	16.4236
September	16.3465	15.8855	16.0493
October	16.3387	15.8229	16.1337
November	17.2330	15.9547	16.6440
December	17.9004	16.9627	17.3922