2023 SEK to PEN Historical Review

YEARLY HIGH

0.3808 PEN

YEARLY LOW

0.3311 PEN

YEARLY AVERAGE

0.3527 PEN

2023 SEK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.3808. Conversely, the yearly low was recorded on September 14, dropping to 0.3311.

This high-to-low spread represents a total annual volatility of 0.0496 PEN. From a start-to-finish perspective, comparing the January average rate of 0.3680 to the December average rate of 0.3648, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3808 was down 13.68% compared to the 2022 peak of 0.4411, 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 1,904 PEN

2022 Average 1,900 PEN

Yearly Trough Low 1,656 PEN

Transaction Impact: A difference of 248.19 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3712

0.3325

JanuMarcMayJulySeptNove

SEK to PEN 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 0.3580, compared to 0.3475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.3580

H2 Avg (Jul–Dec) 0.3475

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0265 PEN (High: 0.3647 / Low: 0.3381). On the other end, June was the most stable month, with a tight range of 0.0100 PEN (High: 0.3438 / Low: 0.3337).

May Spread (Volatile) ±0.0265

June Spread (Stable) ±0.0100

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 May and June, when the average rate fell by 0.0129 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3680) against the same month in 2022 (average: 0.4256), the exchange rate shifted by -0.0576 (-13.52%).

2023 Avg (January) 0.3680

2022 Avg (January) 0.4256

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3808	0.3559	0.3680
February	0.3729	0.3619	0.3670
March	0.3672	0.3512	0.3595
April	0.3677	0.3569	0.3631
May	0.3647	0.3381	0.3516
June	0.3438	0.3337	0.3388
July	0.3509	0.3315	0.3419
August	0.3488	0.3341	0.3408
September	0.3478	0.3311	0.3357
October	0.3534	0.3422	0.3482
November	0.3641	0.3430	0.3533
December	0.3714	0.3570	0.3648