2023 SEK to KZT Historical Review

YEARLY HIGH

45.9791 KZT

YEARLY LOW

40.6912 KZT

YEARLY AVERAGE

43.0320 KZT

2023 SEK to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 45.9791. Conversely, the yearly low was recorded on July 5, dropping to 40.6912.

This high-to-low spread represents a total annual volatility of 5.2880 KZT. From a start-to-finish perspective, comparing the January average rate of 44.5216 to the December average rate of 44.8389, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 45.9791 was down 15.06% compared to the 2022 peak of 54.1338, 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 229,896 KZT

2022 Average 228,699 KZT

Yearly Trough Low 203,456 KZT

Transaction Impact: A difference of 26,439.77 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.1541

41.3720

JanuMarcMayJulySeptNove

SEK to KZT 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 43.0941, compared to 42.9698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1243 points.

H1 Avg (Jan–Jun) 43.0941

H2 Avg (Jul–Dec) 42.9698

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.2389 KZT (High: 45.1082 / Low: 40.8693). On the other end, August was the most stable month, with a tight range of 1.4988 KZT (High: 42.7810 / Low: 41.2822).

March Spread (Volatile) ±4.2389

August Spread (Stable) ±1.4988

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 January and February, when the average rate fell by 1.3426 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.3426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 44.8389) against the same month in 2022 (average: 44.9796), the exchange rate shifted by -0.1407 (-0.31%).

2023 Avg (December) 44.8389

2022 Avg (December) 44.9796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.2442	43.5335	44.5216
February	44.6554	42.5012	43.1790
March	45.1082	40.8693	42.9484
April	44.4561	42.2934	43.6461
May	43.6838	40.9877	42.5825
June	42.7230	40.8872	41.6871
July	43.6904	40.6912	42.2965
August	42.7810	41.2822	41.8269
September	43.8460	41.4472	42.2482
October	43.9098	41.9330	43.2181
November	44.5980	41.9479	43.3901
December	45.9791	43.7828	44.8389