2023 SEK to EGP Historical Review

YEARLY HIGH

3.0976 EGP

YEARLY LOW

2.3432 EGP

YEARLY AVERAGE

2.8904 EGP

2023 SEK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3.0976. Conversely, the yearly low was recorded on January 3, dropping to 2.3432.

This high-to-low spread represents a total annual volatility of 0.7545 EGP. From a start-to-finish perspective, comparing the January average rate of 2.7559 to the December average rate of 3.0175, the exchange rate registered a net change of 9.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0976 was up 27.49% compared to the 2022 peak of 2.4298, 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 15,488 EGP

2022 Average 9,474 EGP

Yearly Trough Low 11,716 EGP

Transaction Impact: A difference of 3,772.41 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0437

2.7297

JanuMarcMayJulySeptNove

SEK to EGP 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 2.8997, compared to 2.8811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 2.8997

H2 Avg (Jul–Dec) 2.8811

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.5881 EGP (High: 2.9313 / Low: 2.3432). On the other end, September was the most stable month, with a tight range of 0.0645 EGP (High: 2.8297 / Low: 2.7652).

January Spread (Volatile) ±0.5881

September Spread (Stable) ±0.0645

Growth Streaks & Declines

Trends

Between January and April, 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 0.0814 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3.0175) against the same month in 2022 (average: 2.3724), the exchange rate shifted by +0.6451 (+27.19%).

2023 Avg (December) 3.0175

2022 Avg (December) 2.3724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9313	2.3432	2.7559
February	2.9542	2.8443	2.9145
March	3.0002	2.8637	2.9320
April	3.0169	2.9347	2.9809
May	3.0379	2.8342	2.9438
June	2.9141	2.8299	2.8710
July	3.0317	2.8213	2.9344
August	2.9244	2.7956	2.8530
September	2.8297	2.7652	2.7857
October	2.8422	2.7500	2.8019
November	2.9966	2.7683	2.8939
December	3.0976	2.9371	3.0175