2023 SEK to IDR Historical Review

YEARLY HIGH

1548.4669 IDR

YEARLY LOW

1363.0115 IDR

YEARLY AVERAGE

1436.9554 IDR

2023 SEK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1548.4669. Conversely, the yearly low was recorded on June 6, dropping to 1363.0115.

This high-to-low spread represents a total annual volatility of 185.4554 IDR. From a start-to-finish perspective, comparing the January average rate of 1466.9397 to the December average rate of 1511.9403, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1548.4669 was down 3.34% compared to the 2022 peak of 1602.0260, 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 7,742,335 IDR

2022 Average 7,353,371 IDR

Yearly Trough Low 6,815,058 IDR

Transaction Impact: A difference of 927,276.90 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1524.5144

1373.6244

JanuMarcMayJulySeptNove

SEK to IDR 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 1436.0285, compared to 1437.8823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8538 points.

H1 Avg (Jan–Jun) 1436.0285

H2 Avg (Jul–Dec) 1437.8823

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 95.3979 IDR (High: 1473.1186 / Low: 1377.7207). On the other end, April was the most stable month, with a tight range of 37.2453 IDR (High: 1459.4547 / Low: 1422.2094).

July Spread (Volatile) ±95.3979

April Spread (Stable) ±37.2453

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 May and June, when the average rate fell by 27.9806 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -27.9806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1511.9403) against the same month in 2022 (average: 1498.0478), the exchange rate shifted by +13.8924 (+0.93%).

2023 Avg (December) 1511.9403

2022 Avg (December) 1498.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1498.3254	1436.7324	1466.9397
February	1469.0206	1428.9009	1450.4134
March	1481.6718	1423.0747	1455.6902
April	1459.4547	1422.2094	1437.2687
May	1451.0319	1379.1309	1416.9200
June	1406.3559	1363.0115	1388.9394
July	1473.1186	1377.7207	1430.9975
August	1438.6988	1384.1025	1409.2835
September	1418.8309	1374.7581	1386.1986
October	1448.7154	1405.8742	1429.5528
November	1493.9238	1425.4046	1459.3211
December	1548.4669	1474.8107	1511.9403