2023 SEK to IRR Historical Review

YEARLY HIGH

4228.9776 IRR

YEARLY LOW

3764.1213 IRR

YEARLY AVERAGE

3981.3927 IRR

2023 SEK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 4228.9776. Conversely, the yearly low was recorded on October 28, dropping to 3764.1213.

This high-to-low spread represents a total annual volatility of 464.8563 IRR. From a start-to-finish perspective, comparing the January average rate of 4036.3945 to the December average rate of 4123.9844, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4228.9776 was down 10.60% compared to the 2022 peak of 4730.2816, 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 21,144,888 IRR

2022 Average 20,963,232 IRR

Yearly Trough Low 18,820,606 IRR

Transaction Impact: A difference of 2,324,281.52 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4155.4505

3777.8572

JanuMarcMayJulySeptNove

SEK to IRR 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 4022.3599, compared to 3940.4255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 81.9344 points.

H1 Avg (Jan–Jun) 4022.3599

H2 Avg (Jul–Dec) 3940.4255

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 313.6306 IRR (High: 4097.0734 / Low: 3783.4428). On the other end, September was the most stable month, with a tight range of 91.2529 IRR (High: 3867.9738 / Low: 3776.7209).

November Spread (Volatile) ±313.6306

September Spread (Stable) ±91.2529

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 111.3115 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -111.3115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 4123.9844) against the same month in 2022 (average: 4014.0621), the exchange rate shifted by +109.9223 (+2.74%).

2023 Avg (December) 4123.9844

2022 Avg (December) 4014.0621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4138.0720	3920.3413	4036.3945
February	4092.5239	3977.9170	4037.7517
March	4086.5466	3906.8325	4012.5382
April	4127.2894	4021.5565	4084.1417
May	4166.2540	3894.9292	4035.0095
June	3984.7522	3874.9954	3928.3238
July	4150.9091	3859.5338	4014.4375
August	4002.8930	3824.3254	3903.1259
September	3867.9738	3776.7209	3809.3233
October	3884.3670	3764.1213	3832.5242
November	4097.0734	3783.4428	3959.1574
December	4228.9776	4028.6976	4123.9844