YEARLY HIGH
21.0610 GYD
YEARLY LOW
18.6069 GYD
YEARLY AVERAGE
19.8185 GYD

2023 SEK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 21.0610. Conversely, the yearly low was recorded on October 28, dropping to 18.6069.

This high-to-low spread represents a total annual volatility of 2.4541 GYD. From a start-to-finish perspective, comparing the January average rate of 20.1838 to the December average rate of 20.4580, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.0610 was down 10.12% compared to the 2022 peak of 23.4335, 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 105,305 GYD
2022 Average 103,772 GYD
Yearly Trough Low 93,035 GYD
Transaction Impact: A difference of 12,270.57 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.6178
18.7006
JanuMarcMayJulySeptNove

SEK to GYD 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 20.1124, compared to 19.5245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5879 points.

H1 Avg (Jan–Jun) 20.1124
H2 Avg (Jul–Dec) 19.5245

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.5177 GYD (High: 20.2680 / Low: 18.7503). On the other end, September was the most stable month, with a tight range of 0.5045 GYD (High: 19.2003 / Low: 18.6958).

November Spread (Volatile) ±1.5177
September Spread (Stable) ±0.5045

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 0.6163 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 20.4580) against the same month in 2022 (average: 20.1389), the exchange rate shifted by +0.3191 (+1.58%).

2023 Avg (December) 20.4580
2022 Avg (December) 20.1389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.6925 19.5968 20.1838
February 20.4585 19.8714 20.1823
March 20.4844 19.5538 20.0513
April 20.6093 20.0645 20.4279
May 20.8361 19.4609 20.1788
June 19.9577 19.3891 19.6505
July 20.6221 19.3049 19.9391
August 19.8006 18.9224 19.3228
September 19.2003 18.6958 18.8604
October 19.2515 18.6069 18.9739
November 20.2680 18.7503 19.5928
December 21.0610 19.9515 20.4580