2023 SEK to MNT Historical Review

YEARLY HIGH

347.0197 MNT

YEARLY LOW

307.2752 MNT

YEARLY AVERAGE

326.4642 MNT

2023 SEK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 347.0197. Conversely, the yearly low was recorded on October 28, dropping to 307.2752.

This high-to-low spread represents a total annual volatility of 39.7444 MNT. From a start-to-finish perspective, comparing the January average rate of 327.9245 to the December average rate of 336.9150, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 347.0197 was up 3.58% compared to the 2022 peak of 335.0102, 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 1,735,098 MNT

2022 Average 1,544,468 MNT

Yearly Trough Low 1,536,376 MNT

Transaction Impact: A difference of 198,722.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

343.0069

308.1341

JanuMarcMayJulySeptNove

SEK to MNT 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 330.2260, compared to 322.7025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.5235 points.

H1 Avg (Jan–Jun) 330.2260

H2 Avg (Jul–Dec) 322.7025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 25.3282 MNT (High: 334.4550 / Low: 309.1268). On the other end, September was the most stable month, with a tight range of 7.6361 MNT (High: 315.9399 / Low: 308.3037).

November Spread (Volatile) ±25.3282

September Spread (Stable) ±7.6361

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 15.0750 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.0750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 336.9150) against the same month in 2022 (average: 327.8043), the exchange rate shifted by +9.1107 (+2.78%).

2023 Avg (December) 336.9150

2022 Avg (December) 327.8043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	334.0822	318.7701	327.9245
February	330.3658	320.9621	325.8397
March	339.0663	317.4780	324.5819
April	343.5584	334.7571	340.1008
May	346.8018	323.8336	335.9057
June	331.8309	322.3666	327.0031
July	345.5245	321.3082	333.5685
August	326.3806	312.1423	318.4934
September	315.9399	308.3037	311.0402
October	317.2789	307.2752	312.9519
November	334.4550	309.1268	323.2459
December	347.0197	328.8733	336.9150