2023 SEK to GNF Historical Review

YEARLY HIGH

863.4053 GNF

YEARLY LOW

763.5704 GNF

YEARLY AVERAGE

812.7865 GNF

2023 SEK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 863.4053. Conversely, the yearly low was recorded on October 28, dropping to 763.5704.

This high-to-low spread represents a total annual volatility of 99.8348 GNF. From a start-to-finish perspective, comparing the January average rate of 834.1430 to the December average rate of 840.0407, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 863.4053 was down 16.21% compared to the 2022 peak of 1030.3810, 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 4,317,026 GNF

2022 Average 4,372,046 GNF

Yearly Trough Low 3,817,852 GNF

Transaction Impact: A difference of 499,174.11 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

846.4679

769.3413

JanuMarcMayJulySeptNove

SEK to GNF 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 823.1436, compared to 802.4294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.7142 points.

H1 Avg (Jan–Jun) 823.1436

H2 Avg (Jul–Dec) 802.4294

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 61.4085 GNF (High: 832.9394 / Low: 771.5309). On the other end, April was the most stable month, with a tight range of 21.8975 GNF (High: 839.4755 / Low: 817.5779).

November Spread (Volatile) ±61.4085

April Spread (Stable) ±21.8975

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 22.9768 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -22.9768

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 840.0407) against the same month in 2022 (average: 836.7056), the exchange rate shifted by +3.3352 (+0.40%).

2023 Avg (December) 840.0407

2022 Avg (December) 836.7056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	853.6520	820.9843	834.1430
February	844.6453	816.4579	826.8065
March	841.6381	798.0518	821.9538
April	839.4755	817.5779	831.1773
May	852.9610	793.6702	823.2627
June	813.2192	790.1267	801.5185
July	844.7948	786.7744	817.9278
August	817.2268	776.7434	794.9510
September	792.1391	768.3160	775.7685
October	793.4710	763.5704	780.1576
November	832.9394	771.5309	805.7307
December	863.4053	820.1208	840.0407