2023 SEK to GBP Historical Review

YEARLY HIGH

0.0803 GBP

YEARLY LOW

0.0715 GBP

YEARLY AVERAGE

0.0759 GBP

2023 SEK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0803. Conversely, the yearly low was recorded on August 20, dropping to 0.0715.

This high-to-low spread represents a total annual volatility of 0.0087 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0786 to the December average rate of 0.0771, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0803 was down 4.36% compared to the 2022 peak of 0.0839, 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 401 GBP

2022 Average 401 GBP

Yearly Trough Low 358 GBP

Transaction Impact: A difference of 43.74 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0799

0.0720

JanuMarcMayJulySeptNove

SEK to GBP 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 0.0773, compared to 0.0744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0773

H2 Avg (Jul–Dec) 0.0744

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0039 GBP (High: 0.0780 / Low: 0.0741). On the other end, April was the most stable month, with a tight range of 0.0014 GBP (High: 0.0781 / Low: 0.0768).

May Spread (Volatile) ±0.0039

April Spread (Stable) ±0.0014

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 0.0030 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0793) against the same month in 2022 (average: 0.0794), the exchange rate shifted by -0.0001 (-0.15%).

2023 Avg (February) 0.0793

2022 Avg (February) 0.0794

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0795	0.0778	0.0786
February	0.0803	0.0782	0.0793
March	0.0797	0.0767	0.0784
April	0.0781	0.0768	0.0777
May	0.0780	0.0741	0.0765
June	0.0744	0.0726	0.0735
July	0.0752	0.0718	0.0738
August	0.0741	0.0715	0.0727
September	0.0751	0.0717	0.0728
October	0.0753	0.0734	0.0745
November	0.0766	0.0736	0.0754
December	0.0789	0.0755	0.0771