YEARLY HIGH
35.9857 HUF
YEARLY LOW
31.4522 HUF
YEARLY AVERAGE
33.2746 HUF

2023 SEK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 35.9857. Conversely, the yearly low was recorded on June 29, dropping to 31.4522.

This high-to-low spread represents a total annual volatility of 4.5335 HUF. From a start-to-finish perspective, comparing the January average rate of 35.2276 to the December average rate of 34.1327, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.9857 was down 8.39% compared to the 2022 peak of 39.2827, 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 179,928 HUF
2022 Average 183,845 HUF
Yearly Trough Low 157,261 HUF
Transaction Impact: A difference of 22,667.72 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.5740
31.4174
JanuMarcMayJulySeptNove

SEK to HUF 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 33.5671, compared to 32.9820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5851 points.

H1 Avg (Jan–Jun) 33.5671
H2 Avg (Jul–Dec) 32.9820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.1335 HUF (High: 35.5811 / Low: 33.4476). On the other end, June was the most stable month, with a tight range of 0.6899 HUF (High: 32.1420 / Low: 31.4522).

March Spread (Volatile) ±2.1335
June Spread (Stable) ±0.6899

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.1226 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 35.2276) against the same month in 2022 (average: 34.6589), the exchange rate shifted by +0.5686 (+1.64%).

2023 Avg (January) 35.2276
2022 Avg (January) 34.6589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.9857 34.5051 35.2276
February 34.9127 33.9601 34.3693
March 35.5811 33.4476 34.2273
April 33.8067 32.8181 33.1047
May 33.2823 31.7530 32.7101
June 32.1420 31.4522 31.7638
July 33.4675 31.6568 32.5917
August 33.6528 31.9996 32.5853
September 33.9628 32.1210 32.6515
October 33.7479 32.3449 33.1069
November 33.4077 32.3754 32.8238
December 34.7205 33.3615 34.1327