2023 SEK to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SEK to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SEK to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 44.7406. Conversely, the yearly low was recorded on September 5, dropping to 40.9964.
This high-to-low spread represents a total annual volatility of 3.7442 KMF. From a start-to-finish perspective, comparing the January average rate of 43.9875 to the December average rate of 44.0499, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 44.7406 was down 7.22% compared to the 2022 peak of 48.2214, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SEK to KMF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 43.4554, compared to 42.4410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0143 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.9524 KMF (High: 44.7374 / Low: 42.7850). On the other end, April was the most stable month, with a tight range of 0.6890 KMF (High: 43.7162 / Low: 43.0272).
Growth Streaks & Declines
TrendsBetween 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 0.9906 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 44.0499) against the same month in 2022 (average: 44.7302), the exchange rate shifted by -0.6803 (-1.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.5004 | 43.4247 | 43.9875 |
| February | 44.7374 | 42.7850 | 44.0078 |
| March | 44.6609 | 42.9050 | 43.8352 |
| April | 43.7162 | 43.0272 | 43.3844 |
| May | 44.0653 | 42.2806 | 43.2539 |
| June | 42.8391 | 41.5221 | 42.2634 |
| July | 43.2765 | 41.3930 | 42.3310 |
| August | 42.5033 | 41.1666 | 41.6736 |
| September | 42.7040 | 40.9964 | 41.5558 |
| October | 42.7407 | 41.4933 | 42.2933 |
| November | 43.4161 | 41.8665 | 42.7425 |
| December | 44.7406 | 43.0056 | 44.0499 |