2023 SEK to PKR Historical Review

YEARLY HIGH

28.6132 PKR

YEARLY LOW

21.2508 PKR

YEARLY AVERAGE

26.3381 PKR

2023 SEK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 28.6132. Conversely, the yearly low was recorded on January 5, dropping to 21.2508.

This high-to-low spread represents a total annual volatility of 7.3625 PKR. From a start-to-finish perspective, comparing the January average rate of 22.5002 to the December average rate of 27.5393, the exchange rate registered a net change of 22.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.6132 was up 21.19% compared to the 2022 peak of 23.6096, 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 143,066 PKR

2022 Average 100,939 PKR

Yearly Trough Low 106,254 PKR

Transaction Impact: A difference of 36,812.28 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.0433

21.9963

JanuMarcMayJulySeptNove

SEK to PKR 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 25.9779, compared to 26.6983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7204 points.

H1 Avg (Jan–Jun) 25.9779

H2 Avg (Jul–Dec) 26.6983

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.4173 PKR (High: 25.6681 / Low: 21.2508). On the other end, June was the most stable month, with a tight range of 0.8591 PKR (High: 27.1029 / Low: 26.2438).

January Spread (Volatile) ±4.4173

June Spread (Stable) ±0.8591

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 1.4965 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4965

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 27.2707) against the same month in 2022 (average: 19.5545), the exchange rate shifted by +7.7162 (+39.46%).

2023 Avg (May) 27.2707

2022 Avg (May) 19.5545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.6681	21.2508	22.5002
February	26.1272	23.7234	25.3879
March	27.4746	25.1163	26.6620
April	27.9650	26.7522	27.4143
May	28.6132	26.3029	27.2707
June	27.1029	26.2438	26.6322
July	27.6402	25.1706	26.7614
August	28.1202	26.4956	27.0849
September	27.8680	25.9267	26.8400
October	26.4468	24.6607	25.3435
November	27.6992	25.1138	26.6207
December	28.3634	26.9558	27.5393