2023 SEK to NAD Historical Review

YEARLY HIGH

1.8637 NAD

YEARLY LOW

1.5803 NAD

YEARLY AVERAGE

1.7436 NAD

2023 SEK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 1.8637. Conversely, the yearly low was recorded on January 5, dropping to 1.5803.

This high-to-low spread represents a total annual volatility of 0.2834 NAD. From a start-to-finish perspective, comparing the January average rate of 1.6440 to the December average rate of 1.8244, the exchange rate registered a net change of 10.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8637 was up 5.70% compared to the 2022 peak of 1.7632, 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 9,318 NAD

2022 Average 8,060 NAD

Yearly Trough Low 7,901 NAD

Transaction Impact: A difference of 1,417.00 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8425

1.6260

JanuMarcMayJulySeptNove

SEK to NAD 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 1.7353, compared to 1.7519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 1.7353

H2 Avg (Jul–Dec) 1.7519

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1962 NAD (High: 1.8471 / Low: 1.6509). On the other end, September was the most stable month, with a tight range of 0.0474 NAD (High: 1.7379 / Low: 1.6905).

November Spread (Volatile) ±0.1962

September Spread (Stable) ±0.0474

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0804 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.8244) against the same month in 2022 (average: 1.6591), the exchange rate shifted by +0.1653 (+9.96%).

2023 Avg (December) 1.8244

2022 Avg (December) 1.6591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6886	1.5803	1.6440
February	1.7731	1.6062	1.7102
March	1.7816	1.7048	1.7394
April	1.7936	1.7006	1.7567
May	1.8619	1.7785	1.8210
June	1.8244	1.6932	1.7406
July	1.8018	1.6714	1.7334
August	1.8358	1.6811	1.7397
September	1.7379	1.6905	1.7106
October	1.8121	1.6850	1.7467
November	1.8471	1.6509	1.7566
December	1.8637	1.7783	1.8244