2023 SEK to JPY Historical Review

YEARLY HIGH

14.3490 JPY

YEARLY LOW

12.2693 JPY

YEARLY AVERAGE

13.2375 JPY

2023 SEK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 14.3490. Conversely, the yearly low was recorded on March 25, dropping to 12.2693.

This high-to-low spread represents a total annual volatility of 2.0798 JPY. From a start-to-finish perspective, comparing the January average rate of 12.5289 to the December average rate of 14.0274, the exchange rate registered a net change of 11.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.3490 was up 4.75% compared to the 2022 peak of 13.6979, 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 71,745 JPY

2022 Average 64,889 JPY

Yearly Trough Low 61,346 JPY

Transaction Impact: A difference of 10,398.94 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1847

12.3783

JanuMarcMayJulySeptNove

SEK to JPY 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 12.8531, compared to 13.6219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7688 points.

H1 Avg (Jan–Jun) 12.8531

H2 Avg (Jul–Dec) 13.6219

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.8570 JPY (High: 14.3490 / Low: 13.4920). On the other end, August was the most stable month, with a tight range of 0.2824 JPY (High: 13.5293 / Low: 13.2469).

November Spread (Volatile) ±0.8570

August Spread (Stable) ±0.2824

Growth Streaks & Declines

Trends

Between March and July, 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 0.0457 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 14.0342) against the same month in 2022 (average: 13.3076), the exchange rate shifted by +0.7266 (+5.46%).

2023 Avg (November) 14.0342

2022 Avg (November) 13.3076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7578	12.2933	12.5289
February	13.1226	12.3967	12.7392
March	13.0523	12.2693	12.7126
April	13.2930	12.5712	12.9088
May	13.3074	12.8326	13.0957
June	13.4121	12.7815	13.1336
July	13.6484	13.1312	13.4115
August	13.5293	13.2469	13.3658
September	13.6793	13.1780	13.3262
October	13.7171	13.3306	13.5662
November	14.3490	13.4920	14.0342
December	14.2544	13.8363	14.0274