2023 SEK to IQD Historical Review

YEARLY HIGH

143.1319 IQD

YEARLY LOW

116.4136 IQD

YEARLY AVERAGE

128.2755 IQD

2023 SEK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 143.1319. Conversely, the yearly low was recorded on October 28, dropping to 116.4136.

This high-to-low spread represents a total annual volatility of 26.7183 IQD. From a start-to-finish perspective, comparing the January average rate of 140.4974 to the December average rate of 127.9961, the exchange rate registered a net change of -8.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 143.1319 was down 12.45% compared to the 2022 peak of 163.4910, 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 715,659 IQD

2022 Average 723,975 IQD

Yearly Trough Low 582,068 IQD

Transaction Impact: A difference of 133,591.45 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

142.7408

115.8202

JanuMarcMayJulySeptNove

SEK to IQD 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 134.4494, compared to 122.1017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.3477 points.

H1 Avg (Jan–Jun) 134.4494

H2 Avg (Jul–Dec) 122.1017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 21.2520 IQD (High: 141.7813 / Low: 120.5293). On the other end, September was the most stable month, with a tight range of 3.1480 IQD (High: 120.1880 / Low: 117.0400).

May Spread (Volatile) ±21.2520

September Spread (Stable) ±3.1480

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 April and May, when the average rate fell by 14.2758 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -14.2758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 140.4974) against the same month in 2022 (average: 159.4865), the exchange rate shifted by -18.9892 (-11.91%).

2023 Avg (January) 140.4974

2022 Avg (January) 159.4865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	143.1319	136.6506	140.4974
February	141.5134	137.5037	139.6111
March	141.6902	135.2521	138.7200
April	142.3762	127.3614	140.2227
May	141.7813	120.5293	125.9469
June	123.5047	120.0580	121.6983
July	128.5563	119.6077	124.3591
August	123.9618	118.4602	120.9056
September	120.1880	117.0400	118.0636
October	120.4442	116.4136	118.7539
November	126.8871	117.3412	122.5319
December	131.7598	124.9310	127.9961