2023 SEK to ISK Historical Review

YEARLY HIGH

14.1067 ISK

YEARLY LOW

11.9266 ISK

YEARLY AVERAGE

13.0067 ISK

2023 SEK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 14.1067. Conversely, the yearly low was recorded on August 26, dropping to 11.9266.

This high-to-low spread represents a total annual volatility of 2.1802 ISK. From a start-to-finish perspective, comparing the January average rate of 13.7539 to the December average rate of 13.4596, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.1067 was down 1.93% compared to the 2022 peak of 14.3845, 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 70,534 ISK

2022 Average 66,919 ISK

Yearly Trough Low 59,633 ISK

Transaction Impact: A difference of 10,900.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.9122

12.0120

JanuMarcMayJulySeptNove

SEK to ISK 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 13.3278, compared to 12.6855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6423 points.

H1 Avg (Jan–Jun) 13.3278

H2 Avg (Jul–Dec) 12.6855

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9877 ISK (High: 13.4881 / Low: 12.5004). On the other end, April was the most stable month, with a tight range of 0.1841 ISK (High: 13.2741 / Low: 13.0901).

November Spread (Volatile) ±0.9877

April Spread (Stable) ±0.1841

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4361 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.7539) against the same month in 2022 (average: 14.0968), the exchange rate shifted by -0.3429 (-2.43%).

2023 Avg (January) 13.7539

2022 Avg (January) 14.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1067	13.5202	13.7539
February	13.9986	13.3345	13.6835
March	13.6107	13.0335	13.3142
April	13.2741	13.0901	13.1914
May	13.5112	12.8024	13.2141
June	13.0450	12.6136	12.8096
July	12.8470	12.3200	12.6064
August	12.4517	11.9266	12.1703
September	12.6184	11.9482	12.2007
October	12.7091	12.3997	12.5719
November	13.4881	12.5004	13.1041
December	13.6608	13.2993	13.4596